All you need to know

Buy-to-let (BTL) mortgages are for landlords who buy property to rent it out. The rules around buy-to-let mortgages are similar to those around regular mortgages, but there are some key differences.

Who Can Get a buy-to-let mortgage?

- You want to invest in houses or flats

- You can afford to take a risk: investing in property is risk, so you shouldn't take out a BTL

  mortgage if you can't afford to take that risk.

- You already own your own home: You'll struggle to get a buy-to-let mortgage if   you don't already.

- You have a good credit record and aren't stretched to much on your other 

  borrowingsotherwise you might struggle to get a lender to approve your Buy-to-

Let mortgage.

-Your under a certain age: lenders have upper age limits, typically between 70

  or 75. This 

  is the oldest you can be when the mortgage ends not when it starts.

Buy-to-let mortgages are a lot like ordinary mortgages, but with some key differences;

- The fees tend to be much higher

- Interest rates on buy-to-let mortgages are usually higher

- The minimum deposit for a buy-to-let mortgage is 25% of the property value

- Most BTL mortgages are interest-only. this means you don't pay anything off the loan, but   at the end of the mortgage term you can repay the capital in full.

- How much you can borrow for buy-to-let mortgages

- The maximum you can borrow is linked to the amount of rental income you expect to      


Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances


Identity Financial Solutions Limited is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority. Number 471900. Identity Financial Solutions Limited is a company registered in England and Wales. The registered office address is 6 George Street, Alderley Edge, Cheshire, SK9 7EJ. The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

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