What is a buy-to-let mortgage?
A buy-to-let mortgage is a mortgage sold specifically to people who buy property as an investment, rather than as a place to live. If you plan to rent out a new property, most lenders will prefer you not to finance your purchase with a standard residential mortgage.
Buy-to-let mortgages are powerful tools both for seasoned investors and for new landlords looking to take their first steps into the rental property market.
Buy to let mortgages are more expensive than typical mortgages, and normally require higher deposits.
It is also important to note that most lenders will not consider you for a buy to let mortgage if you don't already own your own residential property.
Talk to us about your situation and buy-to-let goals and we will help you with a bespoke solution.
Some buy to let mortgages are not regulated by the Financial Conduct Authority.
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