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Mortgage Bestbuys |
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| Buy to Let Mortgages? | ||||
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Buy to let mortgages are usually based on the amount of rental income you can attain from the property and a minimum deposit of 15%. This calculator works out the maximum mortgage for a given rental income (enter the rent that you could attain) assuming a deposit of 15% and a nominal interest rate of 5%. If the lender was to use a higher nominal rate then the mortgage would be less. 5% is typical but could be higher or lower between lenders. If you need any more information then we would be delighted to hear from you either by telephone (call us free on 0800 019 6624), email or through our enquiry forms. Thank you for looking.
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