We’ve helped many new landlords step into the rental property market, as well as helping experienced investors build their property portfolios. With a selection of discounted and fixed rate mortgages, we can help make your property investment come to life.
Your eligibility depends on your individual circumstances. When it comes to your application, we factor in both your personal income and rental income to assess your affordability, so we can help you find the right mortgage for you.
To apply for a Buy-to-Let mortgage with us, you’ll need to meet our criteria. A few things to look out for are:
You have a total earned income of at least £20,000 per annum.
You currently own your home (with or without a mortgage).
The property is in the UK.
The property is not a new build flat (under 5 years old).
The property is to be let on an Assured Shorthold Tenancy, between 6 and 12 months.
Whether it’s your first or fifth rental property, we understand that property is a huge investment and our team is on hand to guide you through the process. To discuss our full criteria, or if you have any questions, give our team a call on 0800 220 568.
Which Buy-to-Let mortgage do I need?
There are three categories for this type of mortgage, so it’s important to first consider which one best fits your circumstances. Not sure which is right for you? Give our team a call on 0800 834 312.
The most common type of Buy-to-Let mortgage. If you’re a landlord buying a property to rent out, this is the one for you. Also known as ‘Investment Property Loans’, these mortgages are not regulated by the Financial Conduct Authority.
Also known as ‘Family Buy-to-Let’, this is the right mortgage if you’re intending to rent out your property to a family member.
If you’re moving house but want to remortgage your existing property to let out, this is known as a ‘Consumer Buy-to-Let’ (or an ‘Accidental Buy-to-Let’). This also applies if you inherited the property.
I have multiple properties already, can I still get a Buy to Let mortgage?
Yes. However, we do have a limit of five properties. If you already own five or more rental homes, then unfortunately you would not be eligible for a Buy to Let mortgage with us.
From new mortgages to remortgaging and Buy-to-Let, we can help you find the right deal.