It's Free to Speak to an Advisor, 7 days, 8am - 10pm

Buy to Let Mortgage Advice in Leicester

It's free to speak with a mortgage advisor
7 days a week, 8am - 10pm

0116 296 2977 Speak to an Advisor - It's Free!
Reviews IO Logo

Read our 24 Reviews

Reviews Logo

Buy to Let Mortgage Advice in Leicester

Maximise your investment with tailored mortgage advice in Leicester and start your landlord journey with us!

0116 296 2977

Are you a budding or existing landlord looking for a buy to let mortgage in Leicester.

If you are looking at enquiring about potential Buy to Let Mortgage Advice, look no further. We have a team of expert mortgage advisors in Leicester who are here to help.

Whether you’re thinking about taking your first step towards becoming a landlord or have done this before and need someone to take the bulk of the process off your shoulders, we have a lot of knowledge and experience with Buy to Let mortgages.

As a Mortgage Broker in Leicester, we work very hard to ensure we are helping our customers as best as we can. Throughout our tenure we have helped a variety of different property investors to secure some incredible buy to let mortgage deals.

Our fast & friendly mortgage advice team will be able to search through 1000s of mortgage products for you, in order to try and find you the most appropriate mortgage deal for your financial situation and the property in question.

Video BG One Video BG Two
Buy to Let Mortgage Advice in Leicester

We build relationships with landlords when they get in touch for a buy to let mortgage in Leicester.

Some landlords take the route of purchasing their new buy to let properties through a limited company that they own (this can be known as a Special Purpose Vehicle, sometimes shortened to SPV).

As an expert mortgage broker in Leicester, our dedicated team of mortgage advisors in Leicester have a lot of useful knowledge on this type of purchase, and will be happy to discuss the mortgage paths available to you.

If you are thinking about comparisons on the taxation benefits, then you should look around for an experienced tax advisor to speak to, as they will be able to give you the appropriate advice regarding this topic.

Though we usually tend to help with standard residential buy to let mortgages in Leicester, we do actually have the ability to help with HMOs (House of Multiple Occupancy) and any holiday let enquiries too, so if you are in need of mortgage advice for one of those, please feel free to contact us and get book in for your free mortgage appointment.

Can I buy a property through a limited company in Leicester?

Some landlords who invest in buy-to-let properties choose to buy them through a limited company, commonly known as a special purpose vehicle (SPV) in the mortgage industry.

Our team of skilled mortgage advisors in Leicester specializes in helping customers with buy-to-let property purchases using this SPV method. They will leverage their expertise to guide you through the mortgage process and address any questions or concerns you may have.

While we excel at providing guidance on buy to let mortgages in Leicester, we are not able to offer advice on taxation benefits. If you need assistance in this area, we recommend consulting a dedicated tax advisor who can provide accurate advice from a qualified professional.

In addition to aiding customers with standard residential buy to let purchases in Leicester, we also assist those interested in buying properties for HMO (House of Multiple Occupation) or Holiday Let purposes.

The process of purchasing a property with the intent of renting it out can be stressful, especially for new landlords or those already occupied with managing existing property portfolios. This is why many landlords establish a relationship with our expert mortgage advisors in Leicester, often returning to remortgage those same properties. We are committed to making their lives easier by finding the best deals available!

Video BG OneVideo BG Two
Speak to an Advisor - It's Free!

FAQs From Buy to Let Landlords in Leicester

How much deposit do I need for a buy to let mortgage in Leicester?

Accorion Arrow

When you apply for a mortgage, lenders usually ask for a deposit, which typically falls within the range of 20% to 40% of the property’s value. The exact percentage required depends on several factors, such as the size of your property portfolio, credit score, and individual circumstances. It’s essential to understand that these variables also influence the maximum amount you can borrow for your mortgage.

How much can I borrow for a buy to let mortgage in Leicester?

Accorion Arrow

In Leicester, the maximum amount that a landlord can borrow for a buy to let mortgage hinges on the projected rental income of the property. Alongside this, mortgage lenders commonly request evidence of income from a primary job or self-employment. This requirement ensures that you have the financial capacity to cover monthly payments for the buy to let mortgage, even during periods when the property may be vacant and not generating rental income.

Are you looking to expand your property portfolio?

Accorion Arrow

For existing property investors aiming to grow their portfolio in Leicester, numerous factors demand consideration. Researching the most promising areas to invest in, defining investment strategies and objectives, and evaluating the potential rental income of selected properties are essential steps.

Once you have a well-defined understanding of your investment goals, collaborating with a mortgage broker becomes pivotal. They can assist you in finding the ideal buy-to-let mortgage product that aligns with your specific needs and objectives.

Are you looking to take out a buy to let remortgage in Leicester to save money?

Accorion Arrow

If you wish to save money on your buy to let property in Leicester, considering a buy to let remortgage might be a favorable choice. By remortgaging, you can switch to a new product with improved terms, potentially reducing your interest payments.

Engaging a mortgage broker in Leicester can prove invaluable in finding the most suitable buy to let remortgage product tailored to your unique needs and objectives. They will expertly guide you through the remortgage process, making it a seamless experience.

Our Customers Love Us

Reviews Stars5.00 Rating24 Reviews

Our Simple Mortgage Process

Free 30-Minute Mortgage Appointment

Step 1

When making any investments in a rental property, it's crucial to have a clear understanding of your objectives and identify the mortgage type that aligns best with your requirements.

We Can Search 1000s of Mortgage Deals

Step 2

One of our expert buy to let mortgage advisor in Leicester can explain the different types of mortgages, and help you decide which type is best suited to your investment strategy.

Submit Your Mortgage Application

Step 3

Once your property purchase offer is accepted, the buy to let mortgage advisor will undertake the responsibility of submitting your complete mortgage application to the lender. This application will encompass all necessary documents, such as proof of income and identification.

The lender will then evaluate your anticipated rental income to ensure that you can comfortably manage monthly payments and any additional expenditures, including maintenance and repairs.

Protecting You and Your Mortgage

Step 4

After successfully obtaining your buy to let mortgage and finishing the acquisition of your rental property, it becomes essential to maintain appropriate insurance coverage to safeguard your investment.

In this aspect, our mortgage advisor in Leicester can help you find the most suitable insurance coverage that aligns with your specific needs and protects your valuable investment.

Reasons to Choose us

Free Mortgage Review

Accorion Arrow

Our mortgage administrators and advisors will be here to support you from the first time you get in touch, all the way until your transaction has completed and more. We always strive to give our customers a clear and simple mortgage advice service, keeping the process as stress-free as possible.

To gain a deeper understanding as to why we are used by so many buy to let landlords in Leicester, take a look at our fantastic customer reviews, left by real landlords and more who used our mortgage advice service and were pleased with the outcome they received.

1000s of Deals

Accorion Arrow

We always make sure that as a company we are completely up to date with the latest buy to let legislation and lending criteria, allowing us to keep you, the customer, well informed and always in receipt of professional and accurate mortgage advice in Leicester.

Our Service

Accorion Arrow

Our fast & friendly mortgage advice team at Leicestermoneyman are very familiar with the inner-workings of the buy to let market and have extensive knowledge of it. We work with buy to let landlords on a regular basis, forming relationships with them and sorting out their mortgages or remortgages, reducing their stress as a result.

7 Days a Week

Accorion Arrow

As hard working, expert Buy to Let Mortgage Advisors in Leicester, we will be on hand and ready to give you support during the whole mortgage process. We have mortgage advisors here to speak with seven days a week, from morning until evening, subject to availability. We will work hard to try and help you over any hurdles that crop up.

Malcolm and Amy Davidson - Mortgage Advice in Leicester

We Search 1000s of Buy to Let Mortgages in Leicester

Fleet Mortgages
Paragon Mortgages
TSB Mortgages
Bluestone Mortgage Advice
BM Solutions Mortgages
Chorley Building Society
Precise Logo
Pepper Money
Mortgage Works
Coventry Building Society
Natwest Mortgage Advice
Newcastle Building Society
Kensington Logo
Accord Mortgages
Aldermore Mortgage Lender
Beverley Building Society
Kent Reliance
Virgin Money & Mortgages
Leeds Building Society
Scottish Widows
Foundation Home Loans

Buy to Let Mortgage Scenarios in Leicester

Buy to Let Mortgages in Leicester

Accorion Arrow

During our time working in the industry as a mortgage broker in Leicester, we worked alongside a large amount of landlords, helping a vast majority of them to secure mortgages for the properties they are looking to invest in.

Whether you’re looking to obtain a mortgage for a standard buy to let, for a holiday home let, or for a HMO property, our dedicated team of mortgage advisors in Leicester will be on hand to take a look at your circumstances and see what mortgage deal is best suited for you.

Residential Buy to Let Leicester

Accorion Arrow

The buy to let option that we come across most frequently is a standard residential buy to let. This type of mortgage is basically what the name suggests, allowing you to obtain a mortgage for a purchase on a residential property, the sort that you would rent out rather than live in yourself.

We find that most buy to let borrowers will probably take out their mortgage as interest-only, as this means they will have lower monthly payments because they are only paying the interest each month. The monthly payments are usually funded through your monthly rental fees to the tenant. You’ll need to pay off the capital in full once your term is finished.

House of Multiple Occupancy (HMOs)

Accorion Arrow

A house in multiple occupancy is a term used when speaking of residential properties that are occupied by multiple tenants and have common shared areas. Student housing is a prime example of this.

Depending on the size of your HMO is, you may have to obtain a license from your local authority. We definitely would recommend speaking to the local authority ahead of the process so that you are well informed of the legal side of this.

HMOs are classified as a very specialist buy to let investment and you’ll find that a lot of lenders won’t have any products available for them. That being said, if you’re looking to take out a mortgage on a HMO property, we do know of a few lenders that are willing to work with them.

Taking on a HMO property tends to bring in higher yields than you would get from a regular buy to let property investment, though you absolutely be mindful of other costs, such as license fees from the local authority and having to maintain the state of the property on a more regular basis.

Buy to Let through a Limited Company

Accorion Arrow

More often now do we see landlords looking at the paths available to them for purchasing their investment properties by means of a limited company SPV (Special Purpose Vehicle). This occurs more frequently when a landlord has a much larger portfolio of properties and is looking to purchase more.

As a standard rule to follow, you will probably be paying a higher interest rate when taking out a mortgage through your Ltd. Company and you won’t have access to as many options when it comes to choosing a lender that is willing to work with this kind of mortgage.

That being said, the costs involved in doing it this way can be counterbalanced and even possibly outweighed by the potential tax savings. We would always recommend speaking in-depth with an experienced tax advisor to see if this is the right route for you.

Holiday Lets Leicester

Accorion Arrow

Holiday let mortgages are used for landlords, new and existing alike, who are going to be purchasing a property that will have a lot of regular short term tenants over time.

A holiday let is classed as a specialist investment type, so please be aware that not all lenders will have products available to you if that’s the route you’re taking. On a more positive note though, our dedicated mortgage advisors in Leicester also have lots of experience of working with holiday let lending criteria, so we will be able to run through your options with you.

In this section we have taken a look at the most common buy to let investment scenarios that we have encountered in Leicester.

If your situation doesn’t quite match up with something that has been said above, then please feel free to get in touch or book yourself in for a free mortgage appointment with one of our dedicated mortgage advisors in Leicester.

Using our in-depth buy to let mortgage experience of situations we’ve worked on in the past, we will hopefully be able to help you achieve mortgage success. We look forward to working with you on your mortgage.

Mortgage Guides & Leicestermoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.

UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.

We are entered on the Financial Services Register No. 627742 at

Equity Release Council Logo Solla Later Life Logo
Facebook Image X Image Instagram Image YouTube Image LinkedIn Image SpotifyImage TikTok Image

Speak to an Advisor – It’s free!
7 Days a Week, 8am – 10pm

Speak to an Advisor – It’s Free Enquire Online 0116 296 2977
We use cookies to enhance your customer experience. More detailsGot It