Buy-to-Let Mortgages Made Simple
Whether you're buying your first rental property or expanding your portfolio, I can help you find the right buy-to-let mortgage for your plans.
✔ Advice for new and experienced landlords
✔ Access to a wide range of lenders
✔ Support from application to completion
How Buy-to-Let Mortgages Work
Buy-to-let mortgages are designed for people buying a property to rent out rather than live in themselves.
Unlike residential mortgages, lenders usually base affordability mainly on the expected rental income from the property. The rent typically needs to cover around 125% to 145% of the mortgage payments, depending on the lender and your tax position.
Lenders also run affordability checks known as stress tests, where the rental income is assessed against a higher interest rate to ensure the mortgage would still be affordable if rates increased.
Deposits for buy-to-let properties are typically larger than residential mortgages, and the mortgage is often structured on an interest-only basis, although repayment options are also available.
Buy-to-Let Mortgage Advice
I help landlords in Bournemouth and across the UK with buy-to-let mortgage advice.
Buy-to-let mortgages are designed for landlords purchasing or remortgaging properties that will be rented to tenants. With different lender criteria, rental calculations and deposit requirements compared with residential mortgages, getting the right advice can make the process much easier.
I provide buy-to-let mortgage advice for landlords looking to invest in property, expand a portfolio or review an existing mortgage deal. My aim is to help you understand your options and find a mortgage that works for your investment plans.
