Lenders are quite strict about who they lend to, requiring significant depsoits and good credit histories, so it is worth shopping around before deciding which provider to go with, so that you can find the best deal for your circumstances.
Features of buy to rent mortgages include:
- The income from potential rent is taken into account when applying
- You will probably need a significant deposit to get mortgage
- Interest rates are often higher than with standard mortgages
Many features such as tracker, flexible or fixed rates of interest that often come with standard mortgages are also available for buy to rent mortgages.
To find the best buy to rent mortgage for your needs, click on the link and fill in the enquiry form - an advisor will contact you with free quotes from across the market and impartial advice.