Whether you’re buying your first rental property, adding to your investment portfolio, or looking to remortgage an existing buy to let, FPM Advice Centre delivers expert, independent mortgage advice tailored to your needs.
We help both new and experienced landlords navigate the buy to let market, find the most competitive mortgage deals, and ensure you meet all lending criteria and legal requirements.
Get expert mortgage advice, exclusive deals, and ongoing support from the buy to let mortgage specialists at FPM Advice Centre.
A Buy to Let mortgage is a specific type of mortgage for properties that you intend to let out to tenants, rather than live in yourself.
These mortgages have different criteria compared to residential mortgages:
Lenders base affordability primarily on the property’s potential rental income.
Typically requires a larger deposit—usually 20–25% of the property’s value.
Buy to let mortgage rates are usually slightly higher than residential rates.
Your income and overall financial situation may also be considered.
Buy to let mortgages are available for individual investors and those buying through limited companies.
Discuss your property investment goals, financial circumstances, and preferred buying structure (individual or company).
We compare buy to let products across the whole market, including exclusive broker-only and specialist lender deals.
We help you calculate the achievable rent and ensure it meets lender requirements, usually a percentage of the mortgage interest.
We prepare your application, gather necessary documents, and manage the process with the lender on your behalf.
The lender will conduct a valuation to confirm suitability for buy to let and assess rental value.
Once approved, you’ll receive a formal mortgage offer.
Your solicitor will manage the legal checks. Once complete, funds are released and you can let your property.
Most lenders require you to already own your own home, have a good credit record, and a minimum income (often around £25,000+). However, some lenders cater to first-time landlords and those with more complex circumstances.
Typically, buy to let mortgages require a deposit of at least 20–25%, but the best rates are usually available with higher deposits.
Yes! Many landlords now use limited companies for tax efficiency. We provide specialist advice on company structures and lender requirements.
Lenders base the amount mainly on projected rental income, using a “rental coverage ratio” (usually 125%–145% of the mortgage payment).
No, these mortgages are strictly for properties intended to be let out. If you want to move in, you’ll need to remortgage to a residential product.
In addition to the deposit, costs may include arrangement fees, valuation fees, legal fees, stamp duty surcharge, and potential landlord insurance.
Yes! Remortgaging can help you secure a better rate, release equity for further investment, or change your borrowing structure.
Before you apply for a buy to let mortgage, make sure you have all the essentials in place.
Review your credit history and address any issues, calculate your available deposit, check your personal income, and consider if you’ll apply as an individual or through a limited company
Identify your target property and its expected rental income, confirm the property is suitable for letting (e.g. not a holiday let, or in poor condition), gather property details
Proof of ID, Proof of address, Proof of deposit/source of funds, Last three months’ bank statements Latest payslips or accounts (if self-employed), Details of existing property portfolio, Evidence of rental income , SA302s and tax year overviews
Appoint a solicitor/conveyancer experienced with buy to let, Review landlord insurance options, Understand stamp duty and tax implications, Plan for property management (self-manage or use an agent)
Compare buy to let mortgage products and interest rates, Understand arrangement fees and lender charges, Ensure you meet the lender’s rental income coverage ratio, Consider fixed vs. variable/tracker rates, Check early repayment charges and exit fees
Research legal obligations (gas safety, EPC, right to rent, etc.), Budget for maintenance and void periods, Set up a system for tenant referencing and deposits For a personalised review of your investment plans, or help gathering the right documents, contact FPM Advice Centre.
Get expert mortgage advice, exclusive deals, and ongoing support from the buy to let mortgage specialists at FPM Advice Centre.
