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Avocado Mortgages Impartial Mortgage Quote for Buy to let mortgage

Part 1: About your Buy to let mortgage

How much would you like to borrow? £ (enter amount e.g 250000)

How long do you need the mortgage for?

Estimated value of the property you wish to purchase? £


Part 2: Your details

Name:
Phone number: E-mail address:
Alternate phone number: Repeat E-mail:

First line of current address: Current postcode:
Select a time window for a broker to contact you:

One of our brokers will contact you in the time window you have selected. Please note that due to FSA regulations our brokers are not permitted tocontact you on weekdays later than 9pm and on Saturdays after 12noon. Due to the regulations we are unable to contact you on Sundays at any time.

Early morning (0800-1000)
Late morning (1000-1200)
Early afternoon (1200-1500)
Late afternoon (1500-1800)
Evening (1800-2100)

Please click SUBMIT to confirm that you are happy for us to contact you by telephone/e-mail.


Buy to let mortgage

Buy to let mortgage quotes

Buy to let has been an attractive investment option for several years with low interest rates and a buoyant property rental market. How much you can borrow depends on the lender and most lenders will lend up to a maximum 85% of the property price. This means you need a deposit of at least 15%. Deals become more competitive if you can put down 20% or 25%.

A lender will also take into account how much money you earn in rent from the property. The formula varies but as a rule the rental income should be between 130% to 150% of the mortgage payment. So if your monthly repayments are £500, the income you should be £650 and £750. Some lenders will lend a multiple of your salary, say three times, plus half the rental income.

Whatever your circumstances our brokers will find the best deal for your specific needs from over over 200 lenders; banks, building societies and other lenders.