Buy To Let Mortgages
Investing in property isn’t just about bricks and mortar, it’s about building a future. Whether you’re buying your very first rental home or adding another property to your portfolio, the right mortgage is key to making it all work.
At BSL Financial Services, we understand that landlords have different goals. Some want steady monthly income, while others are focused on long-term growth. Our job is to match you with a mortgage deal that makes those goals possible, without drowning you in complicated jargon.
What Does a Buy to Let Mortgage Mean?
Put simply, a Buy to Let mortgage is for people who want to rent out a property rather than live in it themselves. Lenders treat this differently from a normal home loan because the risks and rewards are different.
Usually, you’ll need to put down a larger deposit than with a standard mortgage. The exact figure depends on the lender and the property, but the general rule is: the more you can put down, the better the deal you’ll unlock. Many landlords also choose interest-only mortgages so the monthly payments stay lower, with the loan repaid in full at the end.
Is Buy to Let Right for You?
This type of mortgage could be a great option if you’re:
- Taking your first step into property investment.
- An existing landlord growing your portfolio.
- Looking to buy through a company for tax benefits.
The key thing lenders will check is whether your rental income is high enough to cover the mortgage payments. In other words, they want to see that the property can pay for itself.
Why Work With Us?
We know that no two landlords are alike. A young couple investing in their first flat will have very different needs from someone with multiple properties. That’s why we don’t just give you a list of products and leave you to figure it out. We take the time to understand your situation, your goals, and even your concerns and then we find the deal that makes sense for you.
One of our recent clients was convinced they couldn’t get a mortgage because their income wasn’t high enough. After looking at their plans properly, we showed them how the expected rent from their new property could support the application. They walked away not only with a mortgage, but with the confidence to grow their investment further.
Before You Decide
Mortgages always come with fine print. A Buy to Let mortgage is secured against your property, and some types of Buy to Let loans aren’t regulated by the Financial Conduct Authority. Don’t worry we’ll explain everything clearly before you make any decisions.
Ready To Get Started?
Whether you’re planning your very first rental property or expanding your portfolio, let’s talk through your options. With the right mortgage in place, your property journey can be both exciting and rewarding.