Looking for a Buy to Let Mortgage? Find the right advice today.
Investing in buy-to-let property can be an excellent way to generate income and grow long-term wealth, and many UK lenders offer specialist buy-to-let mortgages for this purpose.
Buy-to-let mortgages are distinct products compared to standard residential mortgages, with unique lending and affordability requirements. For example; buy-to-let mortgages typically require larger deposits, and the interest rates & arrangement fees tend to be higher. Additionally, lenders assess affordability based on the ratio of potential rental income against the mortgage payment, rather than just the borrower's personal affordability.
Despite the stringent requirements, buy-to-let mortgages offer potential landlords an excellent opportunity for income and capital growth, and the specialist Mortgage Advisors below will be able to help navigate the various nuances of this market.