A little about us

At Clever Money we pride ourselves on providing personal mortgage and protection advice in a friendly, easy to understand and professional way. Whatever your situation or circumstances, we have the expertise and the time to thoroughly discuss things with you and help you with your plans.

Buy to Let

For no-obligation initial advice, you can speak to one of our expert advisers on:

0208 933 9966

Or request a call back

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This can be a popular mortgage option for those wishing to invest in residential rental property. Although the perception is that buy to let mortgages are expensive, this isn't necessarily correct. There are many lenders who offer competitive rates, which in many cases are generally similar to the rates offered on a standard mortgage.

Landlords also have a choice between interest only and repayment mortgages. Buy to let mortgages do differ in several ways from standard mortgages. When lenders are considering approving a buy to let loan, they generally base their decision on the likely rental income from the property and not necessarily the applicants' income. A prospective landlord needs to be aware that the rental income typically needed is 125% of the mortgage repayment, although this can vary depending on the lender's criteria.

With our expertise in this market, we can help you find the best product to suit your requirements. With our extensive access to thousands of mortgages and our knowledge of lender's requirements, we can find you the right buy-to-let mortgage.

 

The following guide from Birmingham Midshires, written specifically for those people thinking of entering the Buy to Let market, contains some really useful information and will probably answer a lot of questions you may have.

 

 



Buy-to-let mortgages are NOT regulated by the Financial conduct Authority.