Buy-to-Let

If you a looking to purchase a property to make money from rental income then the process starts by looking at finance options. Whilst you will typically need a larger deposit, there are several other aspects to consider too. Whether this is the first property or part of a portfolio, there are several options with regards to mortgages to ensure the best mortgage is secured.
  • Most BTL mortgages will require a larger deposit, often around 20%-25%.

  • If you have several BTL properties then we can look to remortgage these together which saves you time and hassle.

  • One thing to consider when looking at an investment property as a landlord is that the purchase will attract a surcharge on the stamp duty rates of 5%. Stamp duty calculator: moneyhelper.org.uk

  • Whereas a residential mortgage considers income and expenditure for affordability, for a BTL motgage the rental income (either actual or projected for a new purchase) is used to determine the level of borrowing possible.

  • Whilst some lenders will require a landlord to either be a homeowner or experienced landlord, there are lots of lenders who will consider an investment property purchase as first time landlords or buyers.

  • Whether you are an experienced landlord or looking at starting off on your property investment journey click here to start the conversation of how we can help you today.