Tag: Buy To Let
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Case Study: A Buy to Let Remortgage with Adverse Credit
Summary We recently helped a self-employed business owner in Basingstoke, Hampshire, remortgage an existing buy-to-let property to raise funds towards purchasing another investment property. The property was valued at £400,000 and the customer wanted to maximise the borrowing to £300,000, equivalent to 75% loan-to-value. The case was more complex because of some minor adverse credit… Read more
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Buy to Let Mortgage Deposits
Buy to Let Mortgage Deposits: Everything You Need to Know Before Investing in Property Investing in property can be a lucrative venture, and buy-to-let mortgages are a popular choice for those looking to enter the rental market when they can not buy with cash or prefer not to use all of their own funds. Understanding… Read more
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Buy To Let Mortgage With No Minimum Income
Can you get a buy-to-let mortgage with no minimum income? Yes — but lender criteria can vary significantly. While many lenders require a minimum income (often around £20,000–£25,000), some will assess applications based primarily on rental income and overall financial position. This means it is possible to secure a buy-to-let mortgage without a traditional income,… Read more
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Case Study: Buy-to-Let Remortgage in Wiltshire
Introduction We recently helped our customers remortgage a buy-to-let property in Wiltshire, raising additional capital for a future property investment while securing a new five-year fixed rate. Our customers were experienced landlords who lived in employer-provided military accommodation rather than owning their own residential home. This restricted their choice of buy-to-let lenders, particularly as they… Read more
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Why are BTL Fees so high?
Why Are Buy-To-Let Mortgage Fees So High? Buy-to-let mortgage fees can seem high because many lenders use arrangement fees to balance the interest rate, rental stress test and overall profitability of the product. In some cases, a buy-to-let mortgage with a high product fee may have a lower interest rate. This can help reduce the… Read more
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What is the Buy to Let Stress Test and Will I Pass It?
Understanding the Buy to Let Stress Test The buy-to-let stress test is how lenders assess whether rental income is high enough to support a mortgage. Understanding how this works before applying can help you avoid declined applications, improve borrowing potential, and choose the right lender from the start. Different lenders use different stress calculations, which… Read more