You may qualify for a buy-to-let mortgage if you:
- Are applying for a mortgage on a property valued above £50,000
- You're willing and able to charge rent at or above your chosen lenders rental stress testing calculation (usually 120%)
- You have a deposit available of at least 20% of the property value
Please note that each lender will have specific criteria based on their risk appetite and product range at the time of application and we recommend that you speak to an independent mortgage broker before making an application.