Buy to Let Mortgages
Mortgage Advice for Landlords and Property Investors
Whether you are purchasing your first rental property, refinancing an existing investment or expanding your portfolio, your mortgage should reflect your circumstances and long-term plans.
At Asghar Finance House, we work with a range of high street banks and specialist lenders to help landlords explore suitable buy to let options. We consider the property, rental income, ownership structure and your wider financial commitments before recommending a mortgage.
A rental property, viewed in three dimensions
Free consultation
Explore buy-to-let finance
Share a few details and our advisers will get back to you with personalised options. No obligation — just clear, specialist mortgage advice.
Starting out
Buying Your First Rental Property
Becoming a landlord involves more than securing a mortgage. Alongside your deposit and purchase costs, you will need to budget for maintenance, insurance, periods without tenants and your responsibilities as a property owner.
We help you understand the mortgage requirements and information lenders may request. Speaking to us before committing to a purchase can help you understand your borrowing options and prepare for the application process.
Lenders may ask for
- Your income
- Existing borrowing
- Your deposit
- The property’s expected rental income
Deal ending
Remortgaging an Existing Buy to Let Property
If your current mortgage deal is coming to an end, reviewing your options in advance can help you plan for your next arrangement.
We can discuss switching products with your existing lender or remortgaging to another provider. Where appropriate, we can also explore additional borrowing for an eligible purpose, subject to available equity and lender criteria.
Our review considers the overall cost, including the interest rate, product fees, valuation and legal expenses, and any early repayment charges.
01
Interest rate
How the rate compares with staying on your current lender’s follow-on terms.
02
Product fees
Fees, valuation and legal expenses that change the overall cost.
03
Early repayment
Any charge for leaving the existing deal before it ends.
Ownership
Purchasing Through a Limited Company
Some landlords purchase investment properties through a limited company, often established specifically to hold property. This can affect the lenders and mortgage products available, as well as the application requirements.
We can explain the mortgage implications of personal and limited company ownership. Depending on the lender, directors or shareholders may be required to provide personal guarantees.
The most appropriate ownership structure depends on your individual circumstances. We do not provide tax, legal or accounting advice, so you should obtain independent professional advice before establishing a company or transferring property into one.
Several properties
Support for Portfolio Landlords
If you own several rental properties, lenders may assess your wider portfolio alongside the property being financed. We help you prepare the information required and consider how new borrowing fits alongside your existing arrangements.
A portfolio review can also help identify upcoming mortgage expiry dates and changes in your funding needs.
A schedule may show
- Property values
- Outstanding mortgages
- Rental income
- Other commitments
Specialist property
HMOs and Multi-Unit Properties
Specialist properties may require specialist mortgage products. Eligibility can depend on your landlord experience, the property’s configuration, licensing requirements and rental income. Tell us about these details early so we can explore the appropriate lending options.
Houses in Multiple Occupation (HMOs)
Properties occupied by multiple households sharing facilities.
Multi-Unit Freehold Blocks (MUFBs)
Buildings containing several separate residential units held under one freehold title.
Other complex rental properties
Where the layout, construction or tenancy arrangements require individual lender consideration.
How you repay
Choosing a Repayment Structure
Buy to let mortgages may be available on an interest-only or repayment basis, depending on the lender and your circumstances. We explain these options and help you consider how they fit your investment plans and budget.
Interest-only
Your regular payments cover the interest, while the capital remains outstanding. You will need an acceptable plan to repay the loan at the end of the term.
Repayment
A repayment mortgage gradually reduces the balance through payments of both capital and interest.
Alongside the mortgage
Protecting Your Investment
Suitable landlord insurance is another part of managing a rental property. Depending on the policy, cover may include buildings insurance, property owners’ liability and loss of rent following an insured event.
We can discuss your protection needs alongside your mortgage and help you explore appropriate insurance arrangements.
Next step
Speak to Asghar Finance House
Whether you are buying, refinancing or reviewing your portfolio, contact us to discuss your buy to let requirements.
Finance is subject to lender criteria, rental assessments and affordability requirements where applicable. Most 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 or other borrowing secured on it.