Buy-to-let (BTL) Mortgages

Teal finance specialise in sourcing competitive BTL rates and can also provide the overall most cost effective products.

Whole market access to 11,000 lenders
Borrow up to 85% LTV
Competitive interest rates
1.19% pa

Buy-to-let (BTL) Mortgages are mortgages for properties which are let out to tenants

The NEW Buy To Let regulation in 2017 means limitations in the mortgage advance. This is based on the rental income and the lenders defining whether a landlord is small or a portfolio landlord when underwriting the mortgage. Additionally, there is also the distinction of a ‘Consumer Buy To Let mortgage’ in recent years.

Changes in tax rules now mean mortgage lenders consider your tax bracket when working out the mortgage advance available based on the rental income. It is becoming more and more popular to manage the Buy To Let property via a Limited Company. But please seek tax advice first.

Limited company mortgage rates are currently higher than Buy To Let mortgages in your own name. However, when considering the tax implications on the ‘Tapered Relief on Interest Payments’ from 2017 to 2020, you will be better off. Furthermore, higher mortgage advances are available to five year fixed mortgage products within a Limited Company. However, this is only where the lender is regulated by the Prudential Regulation Authority and the vast majority are.

HMO Mortgages

Mortgage deals for houses of multiple occupancy to achieve the maximum yield of rental properties.

Why choose us?

Access to more lenders

Whole of market brokers with access to specialist lenders and the experience to get you a highly competitive rate.

Property professionals

We specialise in bridging loan and development finance cases so you can rely on an innovatively structured deal.

Fast, expert service

We liaise with all involved on your behalf to ensure deadlines are met and drawdown is made in a timely manner.

01603 574404

We work closely with specialist lenders, private funders, high street lenders and challenger banks and we know how to put together the best bespoke deal.

Erjon Vulaj

CeMAP - Finance Broker