FOR LANDLORDS
Buy to let mortgages
Whether it’s your first rental or your tenth, in your own name or through a limited company, we find buy to let mortgages that fit your plans, and explain the rules, costs and options in plain language before you commit.
★★★★★ 5.0 from 120+ Google reviews · FCA authorised · Whole of market
Who we help
First-time landlords
Buying your first rental, even if you don't own your own home yet. Some lenders accept first time buyers as first-time landlords.
Limited company landlords
Buying through a special purpose vehicle (SPV), whether it's newly set up or already owns property.
Portfolio landlords
With four or more mortgaged rentals, lenders look at your whole portfolio. We prepare it so your application goes smoothly.
Remortgaging your buy to let
Get a better rate when your deal ends, or release equity to grow your portfolio.
How a buy to let mortgage is assessed
A buy to let mortgage works differently from a home mortgage. Lenders mainly look at the property's value and the rent it's expected to earn, as confirmed by the lender's valuer, rather than just your salary.
The expected rent usually needs to cover the mortgage payment by a set margin at a "stressed" interest rate. That's often 125% for basic-rate taxpayers and limited companies, and 145% for higher-rate taxpayers, though every lender is different. Some lenders also ask for a minimum personal income; others have no minimum income at all.
How much deposit do you need?
Most buy to let mortgages need a 25% deposit, and a bigger deposit usually means better rates. A smaller number of lenders accept a 20% deposit.
Personal name or limited company?
In your own name
Simpler to set up, with a wide choice of lenders. But rental profit is taxed as your income, and you only get basic-rate tax relief on mortgage interest, which matters more for higher-rate taxpayers.
Through a limited company
The company pays corporation tax on its profit, and mortgage interest is treated as a business cost. You pay tax when you take money out, for example as dividends.
To get the widest choice of buy to let mortgage deals, lenders usually want an SPV: a limited company set up just to hold property, with property SIC codes such as 68100, 68209 or 68320. It's absolutely fine if the company is brand new. Most lenders don't mind, and directors normally give a personal guarantee. A few lenders also accept trading companies, and some accept SPVs owned by another company (a subsidiary), but an SPV opens up the best deals.
We're mortgage advisers, not tax advisers. Always speak to an accountant before deciding how to own your property.
What's changed for landlords
✓ Stamp duty: buying an additional property in England costs an extra 5% on top of standard rates, for individuals and companies
✓ Renters' Rights Act: since 1 May 2026, Section 21 "no fault" evictions have been abolished and tenancies are now periodic
✓ Tax on rental income: rising by 2% from April 2027, with mortgage interest relief rising to 22%
How we help with your buy to let mortgage
We compare buy to let mortgage lenders across the market, including the specialist lenders that suit limited companies, first-time landlords and growing portfolios. We check the rental numbers before you make an offer, so you know what you can borrow, and we manage the application through to completion. Prefer to talk in Lithuanian or Russian? Just ask.
CLIENT STORY
A first buy to let on a £12,000 income
Our client had saved a 25% deposit, but his personal income was around £12,000 a year and he'd never owned a property. He assumed no lender would even look at him.
We found a lender that focuses on the property and the rent rather than personal income, and accepts first-time buyers as first-time landlords. Because he was buying for the first time, the lender needed to be sure this was a genuine rental and not a home he planned to move into. We set out his living arrangements and plans clearly, the lender was satisfied, and he became a landlord with his very first purchase.
Every case is different. All mortgages are subject to lender criteria, rental assessment and valuation.
Buy to let mortgage FAQs
Can I get a buy to let mortgage as a first time buyer?
Yes, with some lenders. They'll want to be sure the property is a genuine rental and not a home you plan to live in, so getting advice first saves time and avoids declines.
Can I get a buy to let mortgage on a low income?
Often, yes. Buy to let lenders focus mainly on the rent and the property. Some ask for a minimum personal income, but others have none at all.
Can a brand new limited company get a buy to let mortgage?
Yes. Most lenders are happy to lend to a newly set up SPV with no trading history. The directors usually give a personal guarantee.
What's the minimum deposit for a buy to let mortgage?
Usually 25%, though a few lenders accept 20%. A larger deposit opens up more lenders and better rates.
Can I remortgage my home to buy a rental property?
Often, yes, as long as the higher borrowing is affordable. See our remortgage page, and our bridging finance page if you're buying at auction or a property that needs work.
Check the latest rules on GOV.UK stamp duty rates.
Most buy to let mortgages are not regulated by the Financial Conduct Authority.
BOOK YOUR FREE CONSULTATION
Planning your next rental property?
Tell us about the property, the expected rent and how you’d like to own it. We’ll show you what you could borrow and which lenders fit.
Free 30-minute consultation
✓ Pick a time that suits you
✓ Phone or video call
✓ No obligation to proceed
✓ Kalbame lietuviškai · Говорим по-русски