Buy to Let


A buy to let is required when you wish to purchase a second home that you will not be residing in and wish to rent out or perhaps build on your existing portfolio.


You will require a larger deposit than a residential usually around 20-25% of the overall property value.

They may have a higher interest rate than a standard mortgage.


Lenders typically require the rental income to be a quarter to a third higher than your mortgage payment.


I can advise you in regards to consumer and business based buy to lets*.

Let to Buy


A let to buy is when you replace your existing mortgage with a buy to let mortgage to enable you to rent out your existing home. You are required to leave around 20-25% equity in this property.


The funds released can then be used to purchase a new residential property.


Please bear in mind the extra stamp duty costs incurred when purchasing a second or more properties.