top of page
House Hunt

Buy to let 

Whether you’re becoming a landlord for the first time or you’re looking to expand an existing portfolio, you will need to take out a buy to let mortgage rather than a standard residential mortgage.

A buy to let mortgage is specifically for people who are buying a property to rent out to tenants.

​

How do buy to let mortgages differ from residential mortgages? :

  • Interest rates are usually higher on buy to let mortgages compared to residential

  • Whereas for residential mortgages your deposit could be as little as 5% of the property value, you will have to pay at least 15% for a buy to let mortgage.

  • Unlike a standard mortgage, where the amount you can borrow is linked to your income, with a buy to let mortgage, the lender will instead look at how much rent you could make from the property on which the mortgage is secured. 


We can help you arrange a bespoke buy to let solution that’s tailored to you.


Contact our expert team today to find out more.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

0203 808 4013

4th Floor, Aldgate Tower, 2 Leman Street, London, E1 8FA

The information given in this website does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision.

The FCA does not regulate some forms of buy to let mortgages. The FCA does not regulate some forms of Tax & Estate planning, we act as introducers only. The FCA does not regulate Trusts & Wills, we act as introducers only.

If you have a complaint or dispute with us, you are entitled to make a complaint. We have a complaints procedure that is available on request. If you wish to register a complaint, please contact us either in writing, by telephone or email. Please be assured we treat complaints seriously. For your protection if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service (FOS).

Scales Porter Financial Services LLP is an appointed representative of Sesame Limited which is authorised and regulated by the Financial Conduct Authority. FCA Register No 474694.  Calls may be recorded for training and monitoring.

To view Scales Porter's Privacy Statement, please click here.  To view Sesame's Privacy Statement, please click here.

Scales Porter Financial Services LLP, Registered address - 4th Floor Charles House, 108-110 Finchley Road, NW3 5JJ, United Kingdom. Country of Registration - England, Registration Number - OC331067

©2023 by Scales Porter.

bottom of page