Buy To Let Mortgages

At Independent Mortgage Associates, our advisers are highly experienced in dealing with Buy To Let Mortgages in Hertfordshire, Buckinghamshire and London. The borrowing on a buy to let mortgage is usually assessed based on the rental income, however the majority of lenders will require you to have a minimum income.

Buy To Let Mortgages

At Independent Mortgage Associates, our advisers are highly experienced in dealing with Buy To Let Mortgages in Hertfordshire, Buckinghamshire and London. The borrowing on a buy to let mortgage is usually assessed based on the rental income, however the majority of lenders will require you to have a minimum income.

What we can offer you:

A buy to let mortgage is a loan for purchasing or refinancing residential property which is let to tenants rather than lived in by the borrower.

Whether you have a vast property portfolio or just one property that you let, we can advise you on the best available products for your circumstances.

 

When applying for a buy to let mortgage it’s important that you understand the following: 

  • Interest rates on a buy to let mortgage tend to be higher than for a residential mortgage

  • You will typically need a larger deposit; usually 25% of the property’s value

  • You will be offered a mortgage based on the rental income, however some lenders will also take your personal income into account when assessing how much you can borrow

We are experts in the following:

  • First time landlords

  • HMOs

  • Limited Company buy to lets

  • Non-portfolio landlords

  • Student lets

  • Portfolio landlords – people which own more than 3 mortgaged buy to let properties