Capital Finance Group
Buy To Let Mortgage
A buy-to-let mortgage is designed for purchasing or refinancing a residential property that you intend to rent out. Lenders base their decision largely on the rent the property can achieve, rather than on your personal income alone, making it the core product for landlords at every stage.
Speak to a Property Finance SpecialistBuy To Let Mortgage
With criteria varying widely across lenders, the right product depends on your experience, ownership structure and the property itself. We will work through these with you and introduce you to lenders whose approach fits your plans.
Who it suits
- First-time and experienced landlords buying a rental property
- Landlords refinancing to a new deal or releasing equity
- Investors buying through a limited company or special purpose vehicle (SPV)
- Expats and foreign nationals, subject to lender appetite
How it works
- Lenders typically lend up to around 75% of the property value, with some options at higher or lower levels
- Affordability is usually assessed by comparing expected rent with the mortgage payment, using a stress-tested rate
- Interest-only and repayment options are available, with fixed and variable rates
- Limited company borrowing has become a popular route for many landlords
Things to consider
- The property is used as security and may be repossessed if repayments are not kept up
- A deposit is required, and most lenders set minimum income or experience requirements
- Fees can include arrangement, valuation and legal costs, plus early repayment charges
- Tax treatment differs between personal and company ownership, so take advice from a tax specialist
- Some buy-to-let mortgages, such as where you are letting to a family member, may be regulated
Building or refinancing a rental portfolio? Speak to an expert about the buy-to-let options available.
Finance is subject to status and lender criteria.
Discuss buy to let mortgage
Building or refinancing a rental portfolio? Speak to an expert about the buy-to-let options available.
Speak to a Property Finance Specialist