Buy to let mortgages
If you’re buying a house to rent out and you want to take out a mortgage, you’ll need a buy-to-let mortgage.
For more information or to book a mortgage appointment with our partners, Embrace Financial Services, call 08456 026990^ or complete the form and they'll call you back to book an appointment.
What is a buy to let mortgage?
A buy to let mortgage is designed for those who want to buy property to rent out to a third party.
As with a residential mortgage you can choose between fixed, discount, and other mortgage types, however the key difference is working out how much you can borrow.
Mortgage advice
Buy to let mortgage lenders look at the likely rental income from the property as well as the applicant's annual income. Here are some good points to note when looking into a buy to let mortgage:
- Loan-to-value (LTV) is generally 60%-85% for buy to let mortgages.
- Your rental income will generally need to be around 125% of the monthly mortgage payments.
- You can expect a buy to let mortgage to be approximately 1%-2% more than a residential mortgage.
- Many landlords prefer a buy to let interest only mortgage. The lender will normally base affordability on the rental income which will generally need to be 125% more than the monthly payments.
- If you are planning to create a lettings portfolio – some lenders will place a cap on the number of properties it will mortgage.
Use our buy to let calculator to work out the required rental income that may be needed from your proposed buy to let property.
The Financial Conduct Authority does not regulate most Buy-to-Let mortgages.
^ Calls may be recorded and/or monitored for training and/or data protection purposes.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Embrace Financial Services usually charges a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £499 to £999 and this will be discussed and agreed with you at the earliest opportunity.
Reasons to choose Embrace Financial Services
![]() | Choice They have access to 1000s of mortgage deals from 100s of lenders, including well known high street providers. These often include exclusive deals that cannot be accessed by going direct to the lender. | |
![]() | Safe Advisers will conduct secure video or telephone appointments so you can get expert advice from the comfort and safety of your home. |
![]() | Tailored Embrace Financial Services will listen to your needs and circumstances and recommend the best products for you. | |
![]() | Communication They provide excellent communication and will stay in touch every step of the way. All documents can be shared safely and quickly electronically. |
Buy to let calculator

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Richard was born in Tilehurst, Reading and currently lives in Padworth, West Berkshire, with his family. In his spare time, he enjoys rebuilding and restoring classic motorbikes.
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Chris was born and raised in Greenford, Middlesex, and lives in West Wycombe. Apart from spending his spare time with his children, Chris also enjoys football, having been a Class One Football Referee and a Football League 4th Official.
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