A Buy-to-Let mortgage is when you borrow funds to allow you to purchase a property that you intend to rent out. Recent economic conditions have made buy-to-lets very attractive in the UK and now the market is bigger than ever.

Unlike traditional residential mortgages where the lender will calculate how much you can borrow based on you income, for a buy-to-let investment most lenders will calculate your level of borrowing on the potential rental income of the property. Also the minimum deposit required for the majority of buy-to-let products is 15%. Other than this a buy-to-let is generally the same as a traditional mortgage as all the normal status checks are required and you can still choose between a range of products to get a fix or discounted rate etc.

Previously you would normally expect to pay a higher interest rate with a buy-to-let mortgage but over recent years this has become less apparent. There are a number of lenders that specialise in these types of mortgages and hundreds of products are now available. The range of products is wide so by getting expert advice we can help you find the solution you need.

At LSA Financial Services our advisers will help you find the most suitable product to ensure you are not paying over the odds for your buy-to-let mortgage. With the support of our Network we also get access to a number of ‘exclusive’ deals.

Buy-to-let mortgages are not regulated by the Financial Services Authority