FAQ's

A Buy-to-Let (BTL) mortgage is a type of loan for purchasing a property that you intend to rent out to tenants, rather than live in yourself. It differs from a residential mortgage and typically requires a larger deposit and has different eligibility criteria.

Most lenders require a deposit of at least 20–25%, though some may ask for up to 40% depending on the property and your circumstances. The more you put down, the better your mortgage rate is likely to be.

No — Buy-to-Let mortgages are specifically for rental properties. If you want to live in the property, you’ll need to switch to a residential mortgage or get the lender’s permission, which could involve a "consent to let" arrangement.

Lenders base affordability on the expected rental income, not your personal income. However, they often require that the rent covers 125–145% of the mortgage payments (based on a notional interest rate), and you may need a minimum personal income (e.g. £25,000).

Most Buy-to-Let investors opt for interest-only mortgages, where you only pay the interest each month, keeping monthly payments lower. The loan capital is repaid at the end of the term, usually via sale of the property. Repayment mortgages cover both capital and interest, reducing your debt over time.

Yes. In England, you pay an additional 3% stamp duty surcharge on top of the standard rates for second homes and Buy-to-Lets.

Rental income is subject to Income Tax. You can deduct certain allowable expenses, such as letting agent fees, insurance, and maintenance costs. Mortgage interest relief is limited to a basic rate tax credit (20%).

Yes, many landlords now buy through a limited company to potentially save on tax, especially higher-rate taxpayers. However, mortgage rates are often higher and there are additional admin and costs (e.g. accountancy, legal).

It depends on your goals. Despite market fluctuations, demand for rental properties remains strong in many areas. With interest rates stabilising and rents rising, Buy-to-Let can still offer solid long-term returns — especially in commuter towns, student hubs, and regeneration areas.

Absolutely. Whether you’re a first-time landlord or expanding your portfolio, our expert brokers can: Find the best Buy-to-Let deals from across the market Advise on company vs personal ownership Mortgages Help structure your application for rental affordability Guide you through limited company lending