In the UK, the buy-to-let mortgage market is designed for investors who wish to purchase a property to rent out to tenants. 

We offer specialist advice on buy-to-let mortgages, helping you to navigate the complex world of rental property investments to achieve a successful outcome.

Lenders typically offer buy-to-let mortgages with higher LTVs than standard residential mortgages. The maximum LTV ratio varies between lenders but typically ranges from 60% to 80%.

Buy-to-let mortgages typically have higher interest rates than standard residential mortgages due to the higher risk involved in rental income. The rates may also vary based on the size of the deposit and the borrower's credit rating. 

Lenders assess the rental income potential of the property as part of the application process. Generally, the lender will require the rental income to be around 125% of the mortgage repayments.

Lenders will also assess the borrower's affordability based on their personal income and expenses, in addition to the rental income. This helps lenders to ensure that the borrower can cover the mortgage payments even if the rental income is reduced or there are void periods where the property is not rented out.

Buy-to-let mortgages may have higher arrangement fees and other charges compared to standard residential mortgages.

Buy-to-let mortgages are not regulated by the Financial Conduct Authority (FCA) if the borrower is a limited company or a professional landlord with four or more rental properties. However, if the borrower is an individual or a "consumer", then the FCA will regulate the mortgage.