Buy-to-let mortgages rates and calculator

There are a huge number of buy-to-let mortgage rates available in the UK so it can be tricky for you to find the best product to suit your individual circumstances. One of the most important factors in determining which buy-to-let rates you can apply for is the ‘rent stress test’ or rental calculation.

Most lenders will use a simple calculation based on the rental income you receive from your buy-to-let property to decide how much they will lend to you and at what interest rate. Rent stress tests vary from lender to lender, so finding the best buy-to-let mortgage rate could be a challenge as there are so many different options to choose from.

Buy-to-let mortgages rates and calculator

You can register to use our free buy-to-let Mortgage Finder

Buy-to-let Direct provides you with a free online buy-to-let mortgage finder which has a built-in rental calculator that allows you to automatically see which buy-to-let mortgage rates are currently available to you. Simply type in the value of your property, the amount you wish to borrow and the rent charged, then click the ‘Show products’ button to see your buy-to-let mortgage options. It’s completely free to use and can be a really useful tool when searching for your next buy-to-let mortgage.

If you would like discuss your buy-to-let mortgage requirements with one of our professional team of experts please call us on 029 2069 1010

There are many factors that will affect the buy-to-let mortgage options available to you and determine which are the most suitable products for your particular needs. Here are some things to consider when applying for your next buy-to-let mortgage:

Property type

Property type

The type of rental property you invest in can also affect the buy-to-let mortgages you can apply for. Most lenders will accept standard houses and flats, but not every lender will accept houses in multiple occupation (HMOs), multi-unit blocks, ex-council properties, flats above shops or new build properties.

Buy-to-let Direct offers you our experience and expertise to help identify which lenders are most suitable for your particular buy-to-let property type.

Product type

Product type

Buy-to-let Direct provides you with a whole of market service which means we have access to products from all of the buy-to-let mortgage lenders in the UK, giving you the widest possible selection. We have variable rates, tracker rates and fixed rates for you to choose from with initial rates for 2 years, 3 years, 5 years, 7 years, 10 years or lifetime rates on some variable products.

The price of buy-to-let mortgages can vary considerably depending on the product type and the duration of the initial rate, so we are here to help you identify the best options for your individual needs.

Loan-to-value

Loan-to-value

The amount you want to borrow as a percentage of the value of your buy-to-let property is called the loan-to-value or LTV. The price of buy-to-let mortgages tends to increase as the LTV gets higher, so 60 per cent LTV products are normally cheaper that 80 per cent LTV products. Therefore, it is a good idea to work out how much you can afford as a deposit on your buy-to-let mortgage in order to get the best possible mortgage rates.

Other considerations

Other considerations

There are other factors that buy-to-let mortgage lenders will take into consideration when assessing an application which may include your age, employment status and portfolio size.

To discuss your buy-to-let mortgage requirements call our professional team of experts on 029 2069 1010 or register to use our free buy-to-let Mortgage Finder

You can send us a message too