Buy to Lets offer both high rental returns and strong capital growth. Due to an undersupply of homes in the UK and more people than ever renting, both house prices and rents are seeing significant increases.
We focus on sourcing properties in High Growth Cities within the UK. Our current strategy targets major UK cities that have government-backed inward investment plans signed off for the near future or are currently underway.
The criteria may change slightly between different mortgage lenders, so it’s important to find out what the buy-to-let mortgage criteria is when making an enquiry with a lender.
Most mortgage lenders require you to put down a deposit of at least 25%, though this can vary between 20-40% depending on the mortgage lender you choose. In most cases, you will only be able to borrow a maximum of 75% of the property price when securing a buy-to-let property. At Seltor we work with property developers to deliver market-leading buy-to-let properties to investors.
Use our mortgage calculator to get an idea of how much you might be able to borrow for your buy-to-let mortgage.
Calculate the maximum mortgage you would be able to get on a property.
Maximum Mortgage Amount
£150,000.00
As mortgage lenders will take many different factors into account when calculating your loan amount for a buy-to-let mortgage, the figure produced by the mortgage calculator is only an estimate. In addition, most lenders will conduct a rent-to-interest (RTI) cover calculation, where rental income must be over 125% of your monthly mortgage payments. At Alesco, we only focus on areas that we have forecasted to deliver high rental yields for the foreseeable future.
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