Buy To Let

A buy-to-let or buy to rent mortgage is a type of mortgage specifically for properties that are owned or purchased with the intention of renting them out.

They're often set up on interest-only basis, which means you only make monthly interest payments each month. The outstanding loan balance - i.e. the amount you borrow - is paid back at the end of the mortgage term via a suitable repayment vehicle, like the sale of the property.

If you rent out a property without the requisite buy to let mortgage i.e. on a residential mortgage, you’ll be in breach of your mortgage agreement which could put your property at risk of repossession.

Why it's important to find the best buy to let mortgage

Rental properties are popular investments because they can be very successful at delivering a profit. It’s essential you have the right mortgage if you want to make the most of this kind of financial venture - otherwise what’s the point? No one wants a subpar investment.

As a whole of market broker with over 30 years’ experience, we're perfectly placed to advise you and find a mortgage that matches your property needs. DWG Mortgages has access to the whole of market and we're experienced in finding the most suitable mortgage product for less conventional situations.