Buy-to-Let Mortgage

By Justin Whitelock

Founder of Mortgage London (a trading style of City Finance Brokers Limited, authorised and regulated by the Financial Conduct Authority, FCA No. 766295)

A mortgage for properties intended for tenant occupation rather than owner occupation, assessed differently with focus on rental income and stress testing.

Related glossary terms

Bridging Loan

A short-term loan designed to provide temporary funding, usually until a property is sold, refinanced, or moved onto a longer-term mortgage.

Indefinite Leave to Remain (ILR)

A UK immigration status giving a non-British national the right to live, work, and study in the UK without time restriction, widening lender appetite.

Mortgage Deed

The legal document that creates the lender’s security over the property, allowing the mortgage to be registered as a charge on the title.

Mortgage Term

The total length of time over which the mortgage is scheduled to be repaid, commonly up to thirty-five or forty years.