Buy To Let

There are many lenders for Buy to let Mortgages all of which have different criteria for borrowing and varying charges and interest rates.

The key criteria

  • A minimum income over and above the rental income for the proposed property
  • There are age limits (variable to lender/product)
  • Minimum deposit required (variable to lender/product)
  • Repayments should be at least equal to 125% of the rental income

The need for expertise

All of the above criteria means the need for a well-informed broker and up to date database of what products lenders are offering and what criteria they stipulate if you are to obtain the best buy to let mortgage for you.

At INFORMED IFA we offer this as well as a helpful working relationship with your solicitor and Estate Agents.