Whether you're purchasing your first rental property or growing an established portfolio, I'll find the right buy-to-let mortgage for you.
Buy-to-let mortgages are designed for properties you intend to rent out rather than live in yourself.
Rental income can provide a steady revenue stream while your property (potentially) grows in value over time.
Rental income is taxable. Many landlords explore limited company structures — speak to an accountant alongside your mortgage advice.
Taking your first step into property investment is exciting but comes with important considerations. Here's what you need to know:
Some lenders do offer buy-to-let mortgages to first-time buyers, though the criteria can be stricter and rates slightly higher. Most lenders prefer you to already own a residential property.
Typically a minimum of 25% deposit is required for a buy-to-let mortgage, though some lenders may require more depending on the property and your circumstances.
Unlike residential mortgages, buy-to-let affordability is primarily based on the expected rental income, which must typically cover 125%–145% of the monthly mortgage payment.
Key requirements for first-time landlords: Good credit history, sufficient deposit (usually 25%+), evidence of expected rental income, and proof of personal income (some lenders require a minimum personal income of £25,000).
If you own 4 or more mortgaged buy-to-let properties, lenders will assess your entire portfolio — not just the property you're applying for. This is known as portfolio underwriting.
From September 2017, lenders classify landlords with 4 or more mortgaged buy-to-let properties as "portfolio landlords." These applications require a more detailed assessment.
Portfolio landlords must typically provide a business plan, cashflow forecast, and a full schedule of their existing properties — including current mortgage balances, rental income, and property values.
Yes — limited company buy-to-let mortgages are increasingly popular for tax efficiency. There are specialist lenders for this and I can guide you through the pros and cons.
Book a free consultation to discuss your investment plans and I'll find the right mortgage for you.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH YOUR MORTGAGE REPAYMENTS.
THERE MAY BE A FEE FOR MORTGAGE ADVICE. THE ACTUAL AMOUNT YOU PAY WILL DEPEND ON YOUR CIRCUMSTANCES. Andreas Mortgages is an Appointed Representative of Marklay Mortgages Ltd, authorised and regulated by the FCA (Ref: 1051012).