Looking to become a private landlord? Arranging a dedicated buy-to-let mortgage is a common way to enter the property market, and a great option for anyone who wants to buy a property for the specific purpose of letting it out to residential tenants.
The buy-to-let market is rapidly expanding, and there are an increasing number of different buy-to-let mortgage products available to serve it, including interest-only and capital and interest.
The borrowable amount on a buy-to-let mortgage is calculated on the basis of projected rental income rather than salary income. Typically, this sort of loan requires a larger deposit than a standard mortgage.
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- If you're thinking of a future in buy-to-let investment, where do you start and how do you maximise the potential returns on your property investment?
rental demand rises, buy-to-let mortgages fall
- Buy-to-let investors are facing a harder time obtaining mortgages - despite signs that income from property rentals is rising... read more
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