We at The Mortgage Guru we know that there's more to successful buy-to-let investment than interest rates alone, and it's our commitment to customer service that keeps us one step ahead of the competition.

What is a buy-to-let mortgage?

"A buy-to-let mortgage is a loan you take out to buy a property which you intend to rent to tenants. The mortgage might be a second charge on your own home or, more usually, it is secured against the property to be let. It is a long-term investment which you hope will generate an income from rents and a capital gain when you sell the property. But there is no guarantee that you’ll make a profit on your investment."

How much can you borrow?

"The maximum you can borrow is usually linked to the amount of rental income you might expect to receive. For example, a lender might require the projected rental income to be 30% higher than your mortgage payment. Typically, you'll need to pay a deposit of around 15% of the value of the property."