Buy to Let 

Considering a buy-to-let mortgage?  Whether you are a novice or experienced landlord it can be difficult to find the option that best suits your circumstances.

When applying for a buy-to-let mortgage, the process is slightly different to applying for a regular mortgage.  The main difference lies in the way your borrowing potential is calculated for a buy-to-let mortgage.  The buy-to-let mortgage provider will take the potential rental income of the property into consideration when determining the buy-to-let mortgage amount you qualify for, as well as your current finances.  The buy-to-let mortgage provider may also impose conditions on who you may accept as tenants in the property (such as no DSS tenants), and the general stipulation is that the rental income must equal approximately 125% of the buy-to-let mortgage costs.

The Financial Services Authority does not regulate some forms of Buy To Let mortgages.

Your buy to let property may be repossessed if you do not keep up repayments on your mortgage.