Buy to Let Mortgages
Thinking about investing in property or becoming a landlord? A buy-to-let mortgage might be the right choice. At Entrust Financial Solutions, we know these mortgages are made for people or businesses buying property to rent out.
Buying a rental property can be tricky. Property prices might not always go up, and rent income can change. But with good planning and management, renting out a second property can bring you good financial gains over time. Before you start, understand the risks and possible rewards of buy-to-let investments. Also, be clear about your goals. Do you want to cover your mortgage and costs plus make a small profit each month? Or are you hoping to make money later by selling the property for a higher price?
Your investment plan affects the property type, location, and risk you accept. Entrust Financial Solutions offers advice to match your goals and help you make smart choices.
If you can’t buy a property outright, a buy-to-let mortgage might be a good choice. At Entrust Financial Solutions, we know these mortgages are different from regular home loans.
Lenders usually review buy-to-let mortgage applications based mainly on the property's expected rental income and your personal income. However, sometimes they may not consider your personal income.
Buy-to-let mortgages usually need a bigger deposit, around 20% to 30% of the property's price, which is more than many other mortgage types. They also often have higher interest rates.
Since April 1, 2016, buying a second property costs an extra 3% stamp duty, whether it's for rent or personal use.
Buying a rental property can be a good investment, but you must think carefully about the costs. Missing mortgage payments might cause you to lose the property. Some buy-to-let mortgages aren’t regulated by the Financial Conduct Authority, so get professional advice that fits your situation.
Some buy-to-let mortgages are not regulated by the Financial Conduct Authority.
Your home may be repossessed if you do not keep up with repayments on your mortgage.
FAQs
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The minimum deposit will vary depending on the type of mortgage you are applying for and your personal circumstances. In most cases, lenders require at least 5%-10% of the property’s purchase price; however, recently, there are 100% mortgages available. However, contributing a larger deposit often means you can access more competitive interest rates and reduce your monthly repayments. We will review your situation and explain the most suitable deposit options available to you.
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The amount you can borrow is based on a number of factors, including your income, regular financial commitments, credit history, and the lender’s individual criteria. As part of our service, we will carry out an affordability assessment to give you a realistic borrowing figure before you begin the application process. This helps set clear expectations and ensures you can search for properties with confidence.
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We believe in complete transparency. In some cases, we may charge a fee for our services, while in others we may be paid by the lender. Any fees that apply will always be discussed with you clearly and in writing before you choose to proceed, so there are no unexpected costs.
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The time frame can vary depending on your circumstances and the lender’s requirements. On average, a straightforward mortgage application may take between two and six weeks from submission to offer. More complex applications may take longer, but we will keep you informed at every stage and work to ensure the process runs as smoothly as possible.
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Yes. Many of our clients are self-employed, contractors, or have multiple sources of income. We work with lenders who are experienced in assessing applications outside of traditional employment structures. By presenting your financial documents in the right way, we can maximise your chances of securing a mortgage that suits your situation.
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While we cannot guarantee the absolute lowest rate in the market, as independent advisers we have access to a wide range of lenders and products — many of which are not available directly to the public. This means we can compare deals across the whole of market and recommend the most competitive and appropriate mortgage for your needs.
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To apply for a mortgage, you will typically need to provide proof of identity, recent bank statements, payslips or tax returns, and details of your deposit. If you are self-employed, additional documentation such as business accounts or SA302 forms may be required. We will provide you with a full checklist at the outset so that you are fully prepared.
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Entrust Financial Solutions is a trading style of Titanium Financial Services Ltd an appointed representative of Quilter Financial Services Limited which is authorised and regulated by the Financial Conduct Authority.
Get in Touch
For expert, personalised mortgage advice, contact Entrust Financial Solutions. Our experienced team will guide you every step, helping you make confident, informed decisions. Start your journey to the right mortgage with us today.