We’ve helped hundreds of people secure buy-to-let mortgages which has helped them profit from buying and renting out a property.
With house prices often outperforming inflation in the long-term, the buy-to-let market can prove a great investment.
Our team’s knowledge of the buy-to-let mortgage market, and excellent relationships with lenders, ensure you get the best offers
We search and compare thousands of buy-to let mortgage deals to ensure we can find a deal which is suited to you
We’ve no tie-ins with certain lenders. As we’re fully independent and unbiased our focus is solely on finding the best option for you.
We research offers with no obligation and won’t ask for any payment until your mortgage deal is complete
Our team of specialists will guide you through the process of securing a mortgage, buying a home or taking out a loan – finding the very best deals for you and your family.
Buy-to-let mortgages are viewed as a long-term investment and ideal for those looking for an additional income, a nest egg for retirement or a business opportunity as a landlord. Renting out a property with a buy-to-let mortgage could help you generate profit whilst covering your mortgage repayments as well.
Although there are no guarantees that house prices will rise, a second property to let to tenants is likely to benefit you financially over time.
Yes, there has been a significant rise in the number of people wanting to rent homes in the UK, and this has come as the number of available properties has reduced in recent years. With people unable to afford deposits and house prices, it’s an ideal time to become a landlord and rent out.
With the right property, in a good location, renting out with a buy-to-let mortgage can provide a good monthly income once mortgage repayments are covered.
Budget for the outgoings associated with renting out a property, such as maintenance, repairs, safety checks, insurance and stamp duty, against the income you will receive before choosing to invest in another property. Consider the location of your property too, and its appeal to potential tenants.
With a buy-to-let mortgage the loan provider (or lender) will assess the potential rent as a primary source of income, rather than against your earnings as happens with typical mortgages. A Rent to Interest (RTI) calculation will be carried out to check you will gain enough rental income from the property to cover the interest on the mortgage.
Rental income is typically between 125% and 130% of the monthly mortgage repayment.
It depends on your individual circumstances, property and strategy, and our advisers at Mortgage Key will be able to help you plan given your goals.
The majority are interest only, resulting in lower monthly payments but the debt is not being paid off. This suits the likes of professional landlords and property investors with a long-term aim to grow a portfolio of property, as they have greater cash flow to further invest. At the end of the mortgage term, the investor could sell the property as a way of recouping the initial costs. The repayment route is more suited to those looking to invest in property as an alternative pension plan, as monthly capital and interest repayments ensure the full debt is repaid at the end of the mortgage.
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