Buy to Let


A Buy to let mortgage is designed for borrowers who want to invest in the property market by purchasing a property to rent out to tenants. Traditionally, a Buy to Let investment is viewed as a long-term opportunity for profitable returns and as a way of securing finance for retirement. There are many competitive mortgage deals around that are specifically aimed at the Buy to Let market.

When you take out a Buy to Let mortgage, you will be expected to meet certain complex criteria:


  • You will be required to put down a deposit and this will be typically larger than for a standard residential mortgage – it will likely be 25% of the property’s value.


  • Your expected rental income will usually need to exceed your mortgage repayments by a certain percentage – for example, your lender may require a rental income of 125% of your monthly mortgage payments.


Please remember that it is the borrower’s ultimate responsibility to ensure that the mortgage payments are made, whether there is a tenant in the property or not.

If you are experiencing problems in selling your property then we can look to arrange a Let to Buy which will enable you to rent out your property in order to allow you to move.

Demand in the rental sector is high however finding the right buy to let mortgage has become more complex in recent years.

Ashurst Mortgages have extensive experience in this sector of the mortgage market. If you are looking for your first rental property, an existing landlord adding to your portfolio, require insurance products for your investment properties or you wish to re mortgage your buy to let property to release funds, call our specialist’s to find a product that suits you.

Buy to let mortgages are not regulated by the Financial Conduct Authority.

Your property may be repossessed if you do not keep up repayments on your mortgage.