Buy to Let
Supporting landlords and property investors
A buy-to-let mortgage is a mortgage for a property that you intend to rent out to tenants.
Buy-to-let mortgages are different from standard residential mortgages in several ways:
- Interest rates are usually higher.
- The minimum deposit is typically larger (usually 25% of the property's value).
- Lenders will look at the potential rental income of the property as well as your personal income.
When considering a buy-to-let investment, it's important to factor in all the costs involved, including:
Lettings agent fees
Maintenance and repairs
Landlord insurance
Void periods (when the property is empty)
Income tax on rental income
Stamp duty surcharge
MOST BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Ready to invest in property?
Speak to one of our expert advisers today to find the right buy-to-let mortgage for your investment goals.
