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Buy-to-let mortgages are specifically designed for people who want to buy a property to rent out. Buy-to-let mortgages are usually more expensive than normal mortgages, but they could help you become a property investor. If you don’t own your own home outright, or with a mortgage, finding a buy-to-let mortgage will be hard.
Buy-to-let mortgages are generally arranged to either provide the borrower with an immediate income, or to act as a longer term investment. Accordingly landlords may prefer to keep monthly payments as low as possible by arranging an interest only mortgage. Or they may prefer to maximise equity for the future by arranging a repayment mortgage and reducing the debt over the years.
Recent changes to the ability to offset mortgage interest has meant some borrowers may prefer to arrange their portfolio into a limited company.
When landlords have 4 or more properties in their portfolio, they will be classed as a professional landlord and subject to more stringent checks when applying for a buy to let. This can sometimes mean arranging a mortgage is more difficult with certain lenders.
The other key points to consider include:
If you would like further advice and guidance regarding buy-to-let mortgages, please call one of our team who will be able to help you.
The Financial Conduct Authority does not regulate some aspects of buy to let mortgages. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Take the stress out of your property purchase with our innovative Mortgage Plus service – we can fast-track your mortgage application, negotiate the purchase price and deal with estate agents, lenders and solicitors on your behalf.
Maximise returns on your property investment with expert advice, lender access, and mortgage products tailored for landlords.
We cater specifically to landlords and investors, ensuring your mortgage supports your property goals.
Access exclusive Buy to Let deals from high street lenders and specialist providers across the market.
We help assess rental yield and affordability to ensure your investment is financially sound and profitable.
We guide you through changing landlord regulations and requirements to keep your investments compliant.
Book a no-obligation consultation with us on: 01772 620000.
With landlord-focused advice and wide market reach, we simplify the Buy to Let process and boost your investment success.
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Key Mortgage Advice Ltd
Key Mortgage Advice Ltd is authorised and regulated by The Financial Conduct Authority. Registered in England.
Company Number 04837523
Trading Address: 276 Station Road, Bamber Bridge, Preston, PR5 6EB
Registered Address: 276 Station Road, Bamber Bridge, Preston, PR5 6EB
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
We are entered on the Financial Services Register No 312930 at
https://register.fca.org.uk/
Financial Ombudsman Services
If you have a complaint or dispute with us, you are entitled to make a complaint. We have a complaints procedure that is available on request. If you wish to register a complaint, please contact us either in writing, by telephone or email.
Please be assured we treat complaints seriously. For your protection if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service (‘FOS’). Please see the following link for further details:
https://financial-ombudsman.org.uk/
https://avistaifp.co.uk/financial-ombudsman-services/
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