With the credit crunch many lenders have introduced much more strict criteria when it comes to mortgage eligibility and this covers proof of income. If you are looking for a buy to let mortgage without a proof of income this may be more challenging however many lenders recognize that there is a need for common sense lending and so will approach lending on a case by case basis.
Many people who may have trouble proving a steady income include:
- Self-employed workers
- Contractors
- Agency workers
- People with multiple jobs
- Those on a basic salary who rely on commission.
A number of mortgage lenders are aware of the difficulties faced by workers who cannot prove their income, and therefore depending on circumstances will consider a buy to let mortgage.
This area requires specialist expertise and so please use our Buy to Let Mortgage Service for quotes and advice - See above link.
The tables below should allow you to quickly compare different buy to let mortgage deals currently available.