Buy - To - Let Mortgages

The popularity of buying additional properties as an investment continues to grow. According to the latest report by the Association of Residential Letting Agents almost 60% of buy-to-let investors are planning to buy another property in the next year.

Most people buying to let will need specialist advice from an expert mortgage consultant.

Lenders will generally require a 15% deposit with the loan available primarily being based on the expected rental income for the property. Typically the lender will want the rental income to be 125% of the monthly mortgage payment although there are schemes available with 100% rental coverage.

If you want to become a property investor and have sufficient equity in your property a re mortgage to raise capital to cover the deposit, stamp duty and fees and costs is an option to consider.