Requirements for Buy to Let Mortgage


Investing in real estate is an enticing way to build wealth, and a buy to let mortgage is a fantastic way to expand your property portfolio. However, it’s essential to understand the requirements for buy to let mortgage before you venture into this area. In this blog post, we will explore the specifics of these requirements.

Credit Score

A crucial requirement for a buy to let mortgage is having a good credit score. Lenders consider your credit history to determine your reliability as a borrower. A poor credit score may create difficulties in obtaining a mortgage, or may result in higher interest rates. It’s advisable to check your credit score before applying, and if necessary, take steps to improve it.


Another key requirement is the deposit. Generally, buy to let mortgages require a larger deposit compared to residential mortgages. The standard deposit for a buy to let mortgage usually ranges from 20% to 40% of the property value. The exact amount can depend on various factors, including the lender’s policies and the rental income expected from the property.

Rental Income

The third requirement is the potential rental income from the property. Lenders usually require that the rental income is 125% to 145% of your mortgage payment, depending on the lender and your personal circumstances. This is to ensure that you will be able to cover the mortgage payments, even if there are periods when the property is unoccupied.


Understanding the requirements for buy to let mortgage can seem daunting, but it’s a crucial step in becoming a successful property investor. It’s important to maintain a good credit score, save for a substantial deposit, and ensure your property can yield sufficient rental income. By meeting these requirements, you are well on your way to securing a buy to let mortgage and growing your property portfolio.

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