Rent a Property...
Buy-to-let mortgages are designed for landlords and investors who wish to rent out residential properties. They are based on rental income received from a property and not necessarily your personal income.
Renting a Residential Property?
The most common reasons for buy-to-let mortgages are:
- Moving house and renting out your home
- Buying a property to rent as an investment
- Re-mortgaging an existing rental property.
A minimum deposit of 20% is required for this type of mortgage.
Although criteria between lenders varies extensively, from minimum personal incomes to more complex, ‘existing landlords only’ with a minimum of 6 months’ provable letting experience, professional advice is strongly recommended. We are experts in this area and are more than happy to give you mortgage advice.
If you would like to discuss this type of mortgage, please contact us. We would be very happy to help.
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The Financial Conduct Authority does not regulate Estate Agency Activities.