Buy to let
£500,000 buy-to-let illustration
At an example rate of 4.5%, interest-only is £1,875.00 a month. Rent at 145% of that interest is £2,718.75. A 25-year repayment on the same loan is £2,779.16. 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
- £1,875.00
- Rent at 145% of that interest
- £2,718.75
- Repayment over 25 years
- £2,779.16
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 is a mortgage broker introducer and information service. We do not provide regulated mortgage advice. Where appropriate, we can introduce you to an FCA-authorised mortgage broker who can assess your circumstances and provide advice.
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.
These figures are illustrative.
An FCA-authorised broker can look at the actual income, credit and property. MortgageConnector introduces you. We do not choose the mortgage.
Find a buy-to-let broker