A Buy to let mortgage is a mortgage where the property has the sole intention renting it out to tenants and not be used as your own residential home. These mortgages can often be complicated, get our expert advice for free! The buy to let market has changed a lot over the past few years and it’s never been more important to make sure you get the right advice by speaking to us. We can help with all buy to let enquiries from individual and portfolio landlords to Houses in Multiple Occupancy (HMO) and limited company applications.
Unlike residential mortgages, buy to let affordability calculations are largely based on rental income as opposed to earned income. Every mortgage lender will stress test and calculate this income in a different way. Often the calculation is related to your personal financial circumstances. Therefore, similarly to residential mortgages, there is also a lot of lending criteria which varies across the market. Get in touch to discuss this how much you can borrow based on this mortgage type.Our Reward Scheme