Looking to become a landlord? Buy-to-let mortgages might be your route in, but there’s a lot of noise out there. So here’s the no-nonsense, straight-talking lowdown on the most common questions we get. Let’s get stuck in 👇
💸 How do repayment options for buy-to-let mortgages work?
Most BTL mortgages are interest-only, you just pay the interest each month, not the loan itself. It keeps monthly payments lower, which can boost your rental profit. At the end of the term, you repay the full loan, usually by selling the property or refinancing.
There’s also the capital repayment route, where you gradually pay off the loan and interest. You’ll own the property outright at the end, but your monthly payments will be higher.
🇬🇧 Are buy-to-let mortgages worthwhile in the UK?
They can be. Buy-to-lets offer rental income, long-term property value growth, and the option to build a portfolio. But it’s not all plain sailing, you’ll need to factor in maintenance, tax, regulation changes and the risk of empty periods.
It’s an investment, not a side hustle you can ignore.
Let’s get started…
Enter your details below and we will be in touch.
🌟 What are the key benefits of a buy-to-let mortgage?
- Lower monthly payments if you go interest-only
- Rental income potential
- Property appreciation over time
- Tax-deductible expenses (some still apply)
- Opportunity to grow a property portfolio
If the numbers add up, the benefits can be significant.
💷 How do I get a buy-to-let mortgage in the UK?
Start by working out your budget and expected rent. Then:
- Speak to a mortgage broker
- Get a Decision in Principle
- Find your property
- Submit a full mortgage application
You’ll need your deposit, ID, rental estimate and sometimes proof of personal income.
✅ How do you qualify for a buy-to-let mortgage?
Lenders assess:
- Your deposit (usually 25%)
- Whether the rent covers the mortgage (typically 125–145%)
- Your credit history
- Whether you own your own home
- Sometimes your personal income, too
Different lenders have different rules, so the key is matching your situation to the right one.
🔒 What is a fixed-rate buy-to-let mortgage?
A fixed-rate BTL mortgage means your interest rate stays the same for a set period, often 2, 3 or 5 years (sometimes longer). This gives you payment certainty, which is handy if you’re budgeting rental income.
But be aware of early repayment charges if you want to exit early.
🧑💼 Can a mortgage advisor assist with buy-to-let mortgages?
Absolutely, and for BTLs, we strongly recommend it. There’s a lot of variation between lenders, especially if you’re buying through a limited company or own multiple properties.
A good advisor helps you find the right lender, avoid the pitfalls, and get the best deal.
Ready to get started? Use our contact form or book a chat. We’ll help you figure it all out. No stress, no jargon.
