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Mortgages & LoansMortgages & Loans
A mortgage is probably one of the most important financial commitments you will ever make

Buy to Let Mortgages

Buy-to-let mortgages are different from residential mortgages in a number of ways.
Firstly, the amount that can be borrowed is based on the property's value and the rent that is expected to be received each month from your tenant. Some lenders will however take into account your income as well.

Secondly, the interest rates and fees are normally higher than for mortgages used to buy a property to live in.

Finally, not all types of tenants are acceptable to all lenders so finding the right tenant can be critical.

Types of tenants: DSS, Students, private and multi tenancy

When it comes to finding the right buy-to let mortgage the search can be one of the most confusing. With rental assessment calculations, assured shorthold tenancy agreements, and rules as to who can be your tenant, the whole process can feel like a never-ending maze. At Pure we can provide expert knowledge and experience on all matters from finding the right mortgage to how lenders calculate the level of rent required in order to cover the mortgage payments.

Most Buy to Let mortgages are not regulated by the Financial Conduct Authority.