SFC Bridging and Commercial

Buy To Let Mortgages

What is a buy-to-let mortgage?

Buy-to-let mortgages are designed to offer financial assistance for individuals who want to invest in a rental property but don’t have the full amount of cash available to purchase it outright. Becoming a landlord can provide significant financial advantages, but it’s important to have a clear understanding of the buy-to-let mortgage process to secure the funds needed to acquire a rental property.

Not all properties are eligible for a buy-to-let mortgage in the UK. The eligibility criteria for a buy-to-let mortgage can vary between lenders, but generally, lenders may require the property to meet certain conditions, such as being in a suitable location, being in good condition, and having a rental yield that meets their requirements. Additionally, some lenders may have restrictions on the type of property that can be mortgaged, such as only allowing loans for standard houses or apartments and not for properties such as HMOs or holiday lets. It is important to conduct initial checks to determine the eligibility criteria for a specific property.

Buy-to-let mortgage criteria

When applying for a buy-to-let mortgage in the UK, it’s important to note that the eligibility criteria can differ depending on the lender. Typically, they will assess factors such as the rental income potential of the property, as well as the credit history, age, employment status, and minimum income requirements of the borrower, which can range from £25,000 to £30,000. Additionally, the type and location of the property will also be taken into consideration. It’s important to work with a reputable mortgage specialist, like Specialist Finance Centre, who can help guide your client through the application process and find the best deal for any unique situation.

Specialist Finance Centre’s approach to a buy-to-let mortgage

Specialist Finance Centre is the perfect partner for those seeking a buy-to-let mortgage. We offer a range of first and second charge products for individual or limited company landlords, as well as HMOs. Our expert team ensures that the advice process is always conducted with the utmost care and attention, whether it is a regulated or unregulated application. We are dedicated to delivering the best possible outcome for your client and building a long-lasting relationship with you. Our goal is to provide a stress-free experience for both you and your clients, so they can continue to provide positive feedback about their interactions with us and we can foster a strong relationship with you.

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Your Bridging & Commercial Team

The way we do business is driven by our people – from our specialist mortgage advisors to our business development managers. Find out more about who we are here.

  • James Jenkins

    James Jenkins

    Senior Specialist Mortgage Advisor

  • Brooke Taylor

    Brooke Taylor

    Specialist Mortgage Advisor

  • Mike Evans

    Mike Evans

    Senior Specialist Mortgage Advisor

  • Jaimee Walters

    Jaimee Walters

    Case Manager

  • Allan Smith

    Allan Smith

    Development Specialist