Buy to let
£400,000 buy-to-let illustration
At an example rate of 4.5%, interest-only is £1,500.00 a month. Rent at 145% of that interest is £2,175.00. A 25-year repayment on the same loan is £2,223.33. The 145% figure is yours to change. It is not a lender's interest-cover rule, and it is not a rent for any town.
Interest, cover and a 25-year repayment
- Interest-only
- £1,500.00
- Rent at 145% of that interest
- £2,175.00
- Repayment over 25 years
- £2,223.33
The coverage percentage is yours to change. It is not a lender stress rate, and the rent is not a forecast of what a property will achieve. Local rents are not invented on this page.
MortgageConnector provides free mortgage research and calculators. If you want personalised advice, we can introduce you to an FCA-authorised mortgage broker. We do not provide regulated mortgage advice ourselves.
The matching service is free for you. Partner brokers pay MortgageConnector for introductions. If you ask for an introduction, the details you submit are shared with the selected partner. The broker is responsible for regulated advice. Check the firm on the FCA Register.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Want a broker to look at your own numbers?
An FCA-authorised broker can look at your income, credit and the property. MortgageConnector will introduce you. We do not recommend a mortgage.
Speak to a buy-to-let broker