Invest in property with a buy-to-let mortgage

Whether you’re a newbie to investing or an experienced investor looking to build your portfolio, we can help find the best BTL mortgage for you.

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How we can help with your BTL mortgage:

Interest only or capital repayment?

There are benefits to both, so how do you choose? Our advisers get to know your situation so we can advise you on which option best helps you meet your goals.

Maximise your return

Maximising the return you get each month is a big part of property investment. With our understanding of the BTL mortgage market and no restrictions on which lenders we can approach, we help you secure rates that won’t eat into your returns.

Knowledge and experience matter

Accomplished property investors trust our team. We set you up for investment success by bringing experience and thorough market knowledge to the table every time.

Let us find a buy-to-let mortgage for you

Speak to one of our friendly advisers today, and download your credit report via 'Check my file', to kick start the process.

Product FAQs:

Yes, buy-to-let mortgages are still available, and many investors continue to use them for purchasing rental properties. However, depending on your personal financial situation and credit history, you might need to work with a specialist lender to secure a buy-to-let mortgage. The likelihood of obtaining a mortgage largely depends on the severity of any credit issues you may have and how recent they were.

In summary, it is still possible to get buy-to-let mortgages, but your ability to secure one may depend on your credit history and financial circumstances. To find a suitable mortgage, it’s essential to research your options, consult with a mortgage adviser, and consider working with a specialist lender if necessary.

The requirements for a buy-to-let mortgage vary depending on the lender, but some common criteria include:

  1. Loan-to-value (LTV) limit: Buy-to-let mortgages often have an LTV limit of at least 75%, which means you’ll need a minimum deposit of 25% of the property’s value to qualify.
  2. Rental income: The amount you can borrow is typically based on the monthly rental income you currently receive or are expected to receive from the property. Lenders usually require that your rental income covers at least 125% of your mortgage repayments, ensuring that you can comfortably manage the loan.

In summary, key requirements for a buy-to-let mortgage include a minimum deposit of 25% of the property’s value and sufficient rental income to cover at least 125% of your mortgage repayments. However, specific requirements may vary among lenders, so it’s essential to research and consult with a mortgage adviser to understand your options and select the best mortgage deal for your situation.

For a buy-to-let mortgage, the minimum deposit typically required is 25% of the property’s value. However, this percentage can vary depending on the lender and specific mortgage deal, ranging between 20-40%. Most buy-to-let mortgages are structured as interest-only loans, which means you pay only the interest on the mortgage each month, without reducing the principal amount. At the end of the mortgage term, you are required to repay the original loan in full.

In summary, the deposit needed for a buy-to-let mortgage generally starts at 25% of the property’s value, though it can differ based on the lender and mortgage terms. Keep in mind that buy-to-let mortgages are usually interest-only, requiring full repayment of the loan at the end of the term.

Yes, first-time buyers can potentially obtain buy-to-let mortgages, but they may face some challenges. Since first-time buyers have no prior experience owning a property, lenders may perceive them as high-risk borrowers. Additionally, not all lenders will offer buy-to-let mortgages to first-time buyers, as some prefer to work with existing homeowners.

In summary, while it is possible for first-time buyers to secure buy-to-let mortgages, they may be considered high-risk by lenders, and not all lenders will be willing to provide such mortgages to them. It’s crucial for first-time buyers interested in buy-to-let mortgages to research their options and consult with a mortgage adviser to find suitable lenders and mortgage deals.

While there may not be a strict minimum income requirement for a buy-to-let mortgage, lenders typically want to ensure that your personal financial situation is self-sustainable. This means you should be able to provide proof of income that supports your lifestyle, regardless of the specific amount. Lenders assess your financial stability to ensure that you can manage the mortgage repayments and any additional costs related to the property.

In summary, although there might not be a fixed minimum income requirement for a buy-to-let mortgage, lenders will want to see evidence that your personal financial situation is stable and self-sustainable. It’s important to consult with a mortgage adviser and gather relevant documentation to support your application when seeking a buy-to-let mortgage.

What our customers think:

Kashif SharifKashif Sharif
15:32 22 Sep 23
The team at Hearthstone Mortgages recently managed my re-mortgage. Their service was very professional, swift, and ultra efficient. I am absolutely delighted with how the process went from start to finish, and I would highly recommend doing business with them.
Gary CorbettGary Corbett
18:08 15 Sep 23
Incredible service and advice from start to finish. When you work with Ajay you feel that your deal matters to him as much as it matters to you.A great addition to any power team, I look forward to working with Ajay on our next project.Highly recommend!
Sandra BSandra B
13:45 31 Aug 23
Best experience with a mortgage broker in a long time. Very responsive and reliable. Special thanks to Jordanne, highly recommend them!
Lee TomlinsonLee Tomlinson
22:33 30 Aug 23
I've worked with Hearthstone Mortgages on a number of occasions and have a great relationship with them. They have found me some great deals and communication is great whenever I need support. We'll certainly work together in the future.
Joe NewmanJoe Newman
17:20 22 Aug 23
Had an excellent experience dealing with both Ajay and Nadine who assisted my limited company with a remortgage and purchase at the same time. Would highly recommend and will definitely use again in the future.
joey awaritefejoey awaritefe
20:38 17 Aug 23
Hearthstone Mortgages were great at supporting us with first getting a bridging loan, and then securing a buy to let mortgage.Ajay was able to provide guidance throughout the processes and Nadine was always on hand to ensure things were ticking along and to answer any queries.
Jason EdgeJason Edge
22:04 16 Aug 23
Used Hearthstone for the first remortgage in our portfolio. Jordanne was very helpful through the whole process and a pleasure to work with. In you need advice or a mortgage of any kind I would highly recommend them. Thanks again
Jamie BoxallJamie Boxall
11:07 16 Aug 23
We have been working with hearthstone now for two years.The team are incredible at what they do they take time to understand your case and really work to get your the right product for you.I strongly recommend Ajay and his team to any investors or for your own residential purchase
Conor HarrisonConor Harrison
18:38 21 Dec 22
Second time I've worked with Ajay at hearthstone and won't be the last! An expert in his field and delivers such a personable and professional service, thanks for everything!
King Panda PropertiesKing Panda Properties
08:12 03 Dec 22
Excellent knowledge, systems and client care, Hearthstone Mortgages has it all!In particular, a portfolio owner herself, Mortgage Advisor Jordanne deserves a special mention. From Day 1 her understanding and attention to my client needs has been outstanding and she is an absolute asset to the business and company owner, Ajay.I wholeheartedly recommend using Hearthstone based on my experiences, be it a private mortgage, BTL, portfolio etc. I will certainly be continuing to use them going forward. Thanks, Jordanne. KPP
Simon CharnockSimon Charnock
17:46 14 Sep 22
Great communication throughout, excellent service, always happy to help and advise making the remortgage of a HMO property very straight forward.Thanks Ajay and teamSimon @ C&W Homes
Carys GreenCarys Green
18:15 11 Jan 22
I can’t fault the service i received for my remortgage. Other advisors were put off with my slightly complicated situation however Ajay made the whole process easy and completely seamless. He also went above and beyond to push forward to completion whilst he was on holiday.Thanks for all your help and looking forward to working with you again in the future.
Dessi DonchevaDessi Doncheva
16:21 13 Mar 21
Couldn't thank Ajay from Hearthstone Mortgages enough for his support, professionalism and responsiveness! Ajay pretty much held our hands through the purchase of our first investment property, guiding us through the process, explaining every detail I questioned on the mortgage documents and doing his best to speed up the purchase at a time when solicitors and lenders were being inundated with work and slowing things down. When our mortgage offer expired, Ajay got right on it and even got us a better rate! Not to mention, he was even chasing our solicitors and escalated the case internally as the solicitor handling our case wasn't very on top of things, so Ajay got them changed, leading to the purchase completing within a few weeks afterwards. All of this for a very fair price - what you pay is much less than what you get! Thoroughly recommend Ajay and the team and will be using them again in the future for sure!
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