Buy To Let

Unlock the income potential from letting your home with a buy to let mortgage

Get a quote

Trustpilot

Find the right buy to let mortgage for your new investment property with our expert mortgage advisors.

Your dedicated mortgage advisor will be your direct point of contact to make sure your recommendations are tailored to you.They will listen to your requirements then search mortgages from over 70 lenders to make sure your buy to let mortgage doesn’t eat into the return from your property.

Step 1

Complete our quick form to request a call back.

Step 2

Speak with one of our friendly experts to discuss your needs.

Step 3

Receive free mortgage advice on the best and most suitable mortgage for your situation.

Step 4

Apply for your perfect mortgage; your mortgage advisor will take care of the paperwork and keep you updated.


Did you know…

  • As a general rule, the bigger the deposit you can afford to put down, the better the buy to let mortgage deals you will have access to, with the best buy to let rates typically offered to those with a deposit of 40% or more. Whilst a typical deposit is 25%, some lenders only require 20% deposits for first time landlords and some only require a 15% deposit for experienced landlords.
  • Buy to let mortgages are usually interest only, rather than repayment, so you don’t pay back any of the capital you owe until the end of the mortgage term. The advantage of this is that your monthly payments will be lower. The downside is that if property prices fall while you own the property, there is a risk that when you come to sell it, you might not end up with enough to pay off the mortgage.
  • The amount you can borrow for a buy-to-let mortgage is linked to how much rent you are expecting to make on the property on which the mortgage is secured.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Your questions answered

What's difference between a buy to let mortgage and a residential mortgage?

The difference between these two types of mortgages is mainly to do with the regulation surrounding them, how the mortgage is deemed ‘affordable’ and the calculations used for this.

How much deposit do I need for a buy to let mortgage?

You’ll usually have to come up with at least 25% of the property value for a buy to let mortgage if you’re looking to secure a buy to let mortgage.

As with residential mortgages, the bigger the deposit you can afford to put down, the better the buy to let mortgage deals you will have access to, with the best buy to let rates typically offered to those with a deposit of 40% or more.

How much can I borrow on a buy to let mortgage?

This will depend on the lender, some only look at rental income but some do have minimum requirements and additional stipulations.

What buy to let mortgage deals are available?

There are lots of different buy to let mortgage deals available.

Some of the lowest rates are tracker deals, which track the Bank of England base rate including a set percentage. The downside of a tracker deal is that the rate is variable and will go up and down at the same time as the base rate.

Other types of variable mortgage deals include discounted buy to let mortgages where the lender offers a discount off its standard variable rate, or capped mortgage rates, where again payment can fluctuate but will never exceed a certain limit, or cap.

You may prefer to opt for a fixed rate buy to let deal if you are worried about interest rates rising.

What is stamp duty?

Stamp duty land tax (or Land and buildings transaction tax in Scotland) is a lump-sum tax that anyone buying a property or land costing more than a set amount has to pay.  The rate of tax you’ll pay depends on the price of the property itself.

You can use our stamp duty calculator to work out how much stamp duty you will have to pay on your property.

Stamp duty calculator

Testimonials

"Sandie was absolutely brilliant"

Sandie was absolutely brilliant & without her help I don’t think it would have happened we are thoroughly over the moon with the service & I will as I already have recommend Sandie again many thanks, Excellent service very professional would recommend.

"The team worked tirelessly day and night"

The team are excellent, Karen, Robin and Sim. I would recommend your organisation and the 3 advisers to any of my friends and relatives. Karen took on my case when there was a massive issue with the bank and she and the team worked tirelessly day and night to ensure that the whole process was a success. I am so grateful to them especially Karen.

"We simply would not use any other advisor"

We simply would not use any other advisor or way to get a mortgage now. Assad Ali is flawless in his job and I always leave feeling happy that he has done the best for us. He should be awarded for his care and attentiveness as well as his professionalism and intellect!

"So clear and straightforward"

Steve made the whole process so clear and straightforward, a very clever and articulate adviser!

telephone-stitching

Call today for tailored
service and expert advice.

Talk to our expert advisers
0203 540 5800

Mon-Thu 9:30am - 8:00pm
Fri 9:30am - 6:00pm