Select Page
Home » Mortgage FAQs » Is a Buy-to-Let mortgage the same as a residential mortgage?

No, they are different: residential mortgages cannot be used to purchase Buy-to-Let properties, and vice versa.

There are specific Buy-to-Let mortgage products available from a number of lenders.  Some will look at the borrower’s financial circumstances before agreeing to lend.  Others will lend on the rental income alone, but they usually require that the rental income is at least 125% of the mortgage repayment, e.g. if the repayment is £800 then the minimum rental income would need to be £1,000 per month.

 

We can visit you

Let us know when is convenient to call round

You can visit us

Come to see us in Cambridge, we have parking

We can call you

Arrange to discuss everything over the phone

We are proud to be members of the Equity Release Council, the NACFB, Air Later Life Academy and the National Skills Academy

ERCNACFBLLANSA