Buy to let mortgages

Buy to Let Mortgage

Looking to invest? Why not join the thousands of property owners in the buy-to-let market. All you need is a deposit (minimum 10% of the property value) and the rest of purchase price is raised based on the rental income of the property. Below you have a choice of two calculators to give you an idea of the amount you could borrow.

Buy to Let mortgage calculator

Buy to let mortgages are based on the rental income that can be generated from a property. This calculator will determine how much rental income the property will need to generate.

	input Data here
Please enter the property purchase price:
g
Please enter amount of any deposit you may have:
s
Please enter the mortgage rate of interest:

Results

The Following results are based on the information you have provided and that the rental income needed would be 125% of mortgage payments. these figures are for illustration purposes only. Contact us for a full written quotation:

You are looking to purchase a house with a purchase value of

With a deposit of which calculates at percentage deposit (please note that mortgage companies require a minimum deposit of 10%)

meaning that you require a mortgage amount of

The rental income needed based on the mortgage value is:

The actual interest only mortgage payment would be

(for figures based on a repayment mortgage then please contact us for a quote)

The overall cost for comparison is 7.7 APR. Subject to the mortgage chosen a fee may apply which would vary dependent upon your circumstances. Maximum fee payable would be 1% of the loan amount

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Mortgage Network UK Ltd is authorised and regulated by the Financial Services Authority for life assurance, residential mortgages and general insurance business, registration number 302546. The Financial Services Authority does not regulate buy to let mortgages or second charge secured loans or overseas mortgages.

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