Buy-to-let

Buy-to-Let in recent years has become an increasingly popular mortgage option for those wishing to invest in residential rental property.

Landlords have a choice between interest only and repayment mortgages. However, buy-to-let mortgages do differ in several important ways from standard mortgages.

A major difference is the criteria lenders apply when considering approving a loan.

Buy-to-let mortgage lenders base their decisions to approve a loan on the likely rental income from the property and not the applicants’ income.

Your home/property may be repossessed if you do not keep up repayments on your mortgage

Some buy to let mortgages are not regulated by the Financial Conduct Authority