Money Outlet

In the UK, Buy to Let mortgages have become increasingly popular these days. The basic idea behind a Buy to Let mortgage is to purchase one or more properties to let, or rent out, as a medium to long term investment strategy. As a result of this popularity, more and more lenders are offering Buy to Let mortgages as part of their product range, as well as specialist lenders catering specifically to the Buy to Let investment market.

Here at the MoneyOutlet we realise that Buy to Let investors are searching for special rates and mortgage products with the property investor in mind. Whether this is your first Buy to Let mortgage or one more to add to your growing portfolio we can help you locate some of the best deals available.

Compare Buy to Let mortgages quickly by simply filling in your requirements in the form above and you’ll receive a free, personalised quote from an FSA regulated mortgage broker. Access the Whole of Market with our easy to use quote system to ensure you find the best deals in the least amount of time!

Mortgage providers used to offer only fixed rate options for the Buy to Let market however, now you can easily compare rates from fixed to discount to long term tracker rates and more. It is common practice for property investors to use interest only mortgages for their Buy to Let investment.

Generally speaking, lenders will require at least 10 to 20% deposit and you must meet their rent to interest calculation. This means that monthly rental income must exceed the interest only mortgage payment. In addition, most mortgage providers require the rental income to be at least 10 to 30% higher.

Each Buy to Let mortgage lender will have their own set of criteria before lending. For example, there may be restrictions to the type of tenant who occupies the property. In addition, some providers may not finance certain types of properties.

For more information on the best Buy to Let mortgage deals, or to access specialized Buy to Let products, simply fill in the form above for a free, no obligation quote. By connecting you with CeMAP certified mortgage brokers we are able to help you access 1000’s of mortgage deals to suit your specific needs. Whether you are a seasoned pro or a new landlord, having access to the Whole of Market will save you time and money!