What is a buy-to-let mortgage?

A buy-to-let mortgage is a mortgage for people who want to buy a property, whether a house or a flat, then rent out the property to tenants. Buy-to-let mortgages generally need a larger deposit than residential mortgages and the interest rates are typically higher.

As an independent, whole of market advisor, we understand that buying a property to let out can be a complex process with many financial and legal considerations. We specialize in assisting landlords in their journey of buying and remortgaging a property for rental purposes.

Our team of experts have the experience and knowledge to help you find the best mortgage options for your investment needs, regardless of your credit history or financial situation. We understand that every landlord is unique and many may have specific issues related to remortgaging, such as a change in rental income or property value. That's why we take the time to get to know you, your needs, and your goals before recommending the right mortgage solution for you. We will also guide you through the application process and assist you in finding the best deal available in the market, as well as providing you with guidance on legal and tax implications.

With our help, you can navigate the buy-to-let market and remortgage your property with ease and confidence.

Buy-to-let mortgages bought as an investment aren’t usually regulated by the Financial Conduct Authority (FCA). However, if you or your family have lived in the property, then your buy-to-let mortgage is likely to be regulated, just as a residential mortgage is.

Buy to Let mortgages for a wide range of purposes:

1. Accidental Landlords

2. Holiday lets

3. Residential

4. HMOs

5. Portfolio Landlords

6. Renovation Loans

7. Secured Loans

What should I do with my mortgage if I become a landlord by accident?

If you're an accidental landlord, for example because you were unable to sell your home after moving in with your partner, then you'll need to notify your mortgage lender about the change in circumstances. Some lenders may let you continue to use your residential mortgage for a while, but usually they will want you to switch to a buy-to-let mortgage immediately.

Do I need a buy to let mortgage if I rent my house through AirBnB?

Yes, in most cases you will. Renting a room or your entire property through AirBnB or another property rental company will still classify your property as a rental property. If you are unsure, check with your mortgage provider.

Should I speak to a mortgage broker?

Mortgage brokers remove a lot of the paperwork and hassle of getting a mortgage, as well as helping you access exclusive products and rates that aren’t available to the public. Mortgage brokers are regulated by the Financial Conduct Authority (FCA) and are required to pass specific qualifications before they can give you advice.