Buy-to-let mortgage is a mortgage arrangement in which an investor borrows money to purchase property in order to rent out to tenants.

Lenders look at the expected monthly rental income to determine the maximum loan available. Depending on the lender, borrowers may also be allowed to include personal income in the calculation of the maximum amount.

Whether you are an employed professional to supplement your income or an experienced investor with a portfolio of properties, we can find the most suitable mortgage for you.

As a long-term product, the rates often tend to be very competitive and the borrower is provided with a choice of a fixed or variable rate product. A fixed rate product allows the borrower to plan monthly expenditure; a variable rate product holds the advantage of a potentially decreasing monthly payment.

There is not application processing fee. You only pay at the time of loan disbursement.

The rent generated by the property should be at least 25% more than your monthly mortgage repayments. For example, if your repayments are £800 a month then your rent must be at least £1,000 a month.

Usually, these are long term arrangements, but it normally ranges from 5 years to 30 years. Some lenders also have maximum age limits when the mortgage ends, this is usually around 70 or 75. So if you’re 60 years old you may not be able to take out a 25-year mortgage.

You can borrow loan for any value of property. The minimum deposit for a buy-to-let mortgage is usually 25% of the property’s value (although it can vary between 20-40%)

No, you cannot borrow to let property outside United Kingdom.

You can legally own a home without home owners insurance. However, if you finance your home with a mortgage, your lender most likely will require you to have home insurance coverage to protect your home in case of damage caused by unforeseen circumstances, such as fire or natural disasters. So, this is always advisable to insure your precious belongings.