Whether you’re adding a first property or expanding your portfolio, our experienced team are here to help close the deal on your next venture.
A buy to let mortgage is a type of mortgage specifically designed for individuals who want to purchase a property to rent it out to tenants. Unlike a residential mortgage, which is intended for personal use, a buy to let mortgage is tailored for investment purposes. The property owner becomes a landlord and generates income through rental payments from tenants.
The key difference from a regular mortgage is that the potential rental income is a significant factor in our decision-making process. We assess the property's rental yield and the borrower's ability to cover mortgage repayments through rental income.
Deposit: A higher deposit is often required, usually around 25% of the property's value.
Rental Income: We assess the property's potential rental income to ensure it can cover mortgage repayments.
Affordability: Lenders consider the borrower's overall financial situation to ensure they can afford the mortgage.
Please find rates of our Buy to Let mortgages listed below.
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