Buy to let mortgages are a type of loan for buying a property you intend to rent out to tenants. You would usually be letting for a profit, or at least to break even. Most buy to let mortgages in the UK are interest-only, with the landlord paying the monthly interest using the rental income.

The projected rental income must cover the mortgage payments, calculated at current and possible future interest rates. Should interest rates change, we help our clients ensure that they consider any changes in the interest rates from a financial view – is it affordable?

Suppose you are a landlord looking to purchase or refinance a Buy to Let (BTL), House in Multiple Occupation (HMO) or a Multi-Unit Block (MUB). In that case, you need a specialist property finance broker in your team who can access the whole market for you.

There are more lenders and products in the Buy to Let (BTL) market than ever before, and each comes with its own criteria and restrictions.  Some lenders will require you to have a minimum income, whilst others will lend to professional landlords whose sole income comes from their property portfolio.  We work with property developers who also choose to have a BTL portfolio. Some lenders are comfortable with this. However, some lenders aren’t.  No scenario is ever the same, and we’d be happy to discuss your options.