Low Rental Income Mortgages

Low Rental Income Mortgages

Low Rental Income Mortgages - use an applicants personal income to top up or replace the low rental income received from tenants with the effect of allowing increased borrowing. Low rental income mortgages are buy to let mortgages taken out on the basis that the buy to let rental income received from the tenants will not be sufficient to service the monthly mortgage payments.

Low rental income mortgages are ideal for those seeking to invest in the buy to let property market where the buy to let property has a low rental income. 

We have deemed Buy to let income mortgages a bespoke area of mortgage lending and Capital  Fortune have the knowledge and expertise to place these properties with a number of UK mortgage lenders.

On application, we will calculate the expected rental income and will often seek assistance from local estate agents. The lender will also undertake an independent valuation not only of the property itself, but will also ask the valuer to comment on the achievable rental income. This will ensure the mortgage payments remain affordable in the longer term.

Buy to let interest rates are slightly higher than those for residential products and the terms of the mortgage will vary from lender to lender.

We know our lender’s criteria and we often know the underwriters. We will be able to speak directly with the underwriting team to ensure an holistic approach is taken to the lending decision. 

At Capital  Fortune, we work with a number of specialist and mainstream mortgage providers willing to offer buy to let income mortgages and who offer competitive mortgages.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

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Buy to Let - Purchase Rates


LenderInitial
Rate
Mortgage
Type
For/Until Subsequent
Rate
The overall
cost for
comparison is
Early Repayment
Charge
Arrangement
Fee
Loan
to
Value
Details
Virgin Money Intermediary Exclusive BTL 2 Year Fixed £1995 Fee Purchase BNR1.37%FixedJul-20204.99%4.7%APRC01-Jul-2020 £199560%
Product Code: 002EU4
Product Name: Intermediary Exclusive BTL 2 Year Fixed £1995 Fee Purchase
Product Availability: Exclusive Intermediaries Only
Lender Code: BNR
Lender Name: Virgin Money
Initial Pay Rate: 1.37
Mortgage Class: Fixed
Initial Rate Period: Jul-2020
Initial Rate Period Months: 26
Standard Variable Rate: 4.99
Apr Lenders: 4.7
Early Repayment Charge Applies Until: 01-Jul-2020
Early Repayment Charge Period Sort Field: 1446
Initial Monthly Payment: 480.49
Monthly Payment After Initial Period: 691.78
Fees Total: 2263.00
True Cost: 0.00
True Cost Over Initial Period: 12160.74
Cashback: 600.00
Valuation Fee: 188.00
Arrangement Fee: 1995.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 30
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 50.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 150.00
Lender Product Reference: 9S5X
Detail
TSB Intermediary BTL 2 Year Fixed £1995 Fee Purchase TSB1.39%FixedMay-20204.84%4.5%APRC31-May-2020 £199560%
Product Code: 001WJY
Product Name: Intermediary BTL 2 Year Fixed £1995 Fee Purchase
Product Availability: Intermediaries Only
Lender Code: TSB
Lender Name: TSB
Initial Pay Rate: 1.39
Mortgage Class: Fixed
Initial Rate Period: May-2020
Initial Rate Period Months: 25
Standard Variable Rate: 4.84
Apr Lenders: 4.5
Early Repayment Charge Applies Until: 31-May-2020
Early Repayment Charge Period Sort Field: 1444
Initial Monthly Payment: 481.76
Monthly Payment After Initial Period: 683.24
Fees Total: 2211.00
True Cost: 0.00
True Cost Over Initial Period: 11975.00
Cashback: 250.00
Valuation Fee: 181.00
Arrangement Fee: 1995.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 0.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 0.00
Lender Product Reference: 14MW
Detail
Platform Intermediary BTL 2 Year Fixed £1999 Fee Capital Raising CTS1.39%FixedJun-20205%4.6%APRC30-Jun-2020 £199960%
Product Code: 0023I5
Product Name: Intermediary BTL 2 Year Fixed £1999 Fee Capital Raising
Product Availability: Intermediaries Only
Lender Code: CTS
Lender Name: Platform
Initial Pay Rate: 1.39
Mortgage Class: Fixed
Initial Rate Period: Jun-2020
Initial Rate Period Months: 26
Standard Variable Rate: 5
Apr Lenders: 4.6
Early Repayment Charge Applies Until: 30-Jun-2020
Early Repayment Charge Period Sort Field: 1445
Initial Monthly Payment: 481.64
Monthly Payment After Initial Period: 692.58
Fees Total: 2308.00
True Cost: 0.00
True Cost Over Initial Period: 12331.64
Cashback: 500.00
Valuation Fee: 149.00
Arrangement Fee: 1999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 106.00
Deeds Release Fee: 54.00
Product Match Status: Available
MaxLoan Available: 350000.00
Legal Fee: 0.00
Lender Product Reference: B846
Detail
Hinckley & Rugby BS TBMC BTL 2 Year Discount £2999 Fee BHI1.4%Discount2 years 5.89%5.6%APRC £324975%
Product Code: 001OZE
Product Name: TBMC BTL 2 Year Discount £2999 Fee
Product Availability: Intermediaries Only
Lender Code: BHI
Lender Name: Hinckley & Rugby BS
Initial Pay Rate: 1.4
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5.89
Apr Lenders: 5.6
Early Repayment Charge Period Sort Field: 0
Initial Monthly Payment: 486.16
Monthly Payment After Initial Period: 759.40
Fees Total: 3914.00
True Cost: 0.00
True Cost Over Initial Period: 12582.84
Cashback: 0.00
Valuation Fee: 265.00
Arrangement Fee: 2999.00
Booking Fee: 250.00
Higher Lending Charge: 0.00
Max LTV Available: 75
Product Type: Buy To Let
Mortgage Discharge Fee: 150.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 250.00
Lender Product Reference: 36163
Detail
Leeds BS BTL 2 Year Fixed £1999 Fee BLH1.44%FixedMay-20205.99%5.1%APRC31-May-2020 £199960%
Product Code: 0026TZ
Product Name: BTL 2 Year Fixed £1999 Fee
Lender Code: BLH
Lender Name: Leeds BS
Initial Pay Rate: 1.44
Mortgage Class: Fixed
Initial Rate Period: May-2020
Initial Rate Period Months: 25
Standard Variable Rate: 5.99
Apr Lenders: 5.1
Early Repayment Charge Applies Until: 31-May-2020
Early Repayment Charge Period Sort Field: 1444
Initial Monthly Payment: 484.63
Monthly Payment After Initial Period: 752.39
Fees Total: 2233.00
True Cost: 0.00
True Cost Over Initial Period: 12314.75
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 1999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 199.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 120.00
Lender Product Reference: 19715
Detail
Leeds BS Portfolio BTL 2 Year Fixed £1999 Fee BLH1.44%FixedMay-20205.99%5.1%APRC31-May-2020 £199960%
Product Code: 002E1D
Product Name: Portfolio BTL 2 Year Fixed £1999 Fee
Lender Code: BLH
Lender Name: Leeds BS
Initial Pay Rate: 1.44
Mortgage Class: Fixed
Initial Rate Period: May-2020
Initial Rate Period Months: 25
Standard Variable Rate: 5.99
Apr Lenders: 5.1
Early Repayment Charge Applies Until: 31-May-2020
Early Repayment Charge Period Sort Field: 1444
Initial Monthly Payment: 484.63
Monthly Payment After Initial Period: 752.39
Fees Total: 2233.00
True Cost: 0.00
True Cost Over Initial Period: 12314.75
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 1999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 199.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 120.00
Lender Product Reference: 19737
Detail
Virgin Money BTL 2 Year Fixed £1995 Fee BNR1.44%FixedJul-20204.99%4.7%APRC01-Jul-2020 £199560%
Product Code: 003RX8
Product Name: BTL 2 Year Fixed £1995 Fee
Lender Code: BNR
Lender Name: Virgin Money
Initial Pay Rate: 1.44
Mortgage Class: Fixed
Initial Rate Period: Jul-2020
Initial Rate Period Months: 26
Standard Variable Rate: 4.99
Apr Lenders: 4.7
Early Repayment Charge Applies Until: 01-Jul-2020
Early Repayment Charge Period Sort Field: 1446
Initial Monthly Payment: 484.47
Monthly Payment After Initial Period: 692.24
Fees Total: 2263.00
True Cost: 0.00
True Cost Over Initial Period: 12364.22
Cashback: 500.00
Valuation Fee: 188.00
Arrangement Fee: 1995.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 30
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 50.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 150.00
Lender Product Reference: 9RJ9 / 9RMK
Detail
Platform Intermediary BTL 2 Year Tracker £1999 Fee Capital Raising CTS1.49%Tracker2 years 5%4.7%APRC2 years £199960%
Product Code: 0023G5
Product Name: Intermediary BTL 2 Year Tracker £1999 Fee Capital Raising
Product Availability: Intermediaries Only
Lender Code: CTS
Lender Name: Platform
Initial Pay Rate: 1.49
Mortgage Class: Tracker
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5
Apr Lenders: 4.7
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1431
Initial Monthly Payment: 487.35
Monthly Payment After Initial Period: 694.78
Fees Total: 2308.00
True Cost: 0.00
True Cost Over Initial Period: 11505.40
Cashback: 500.00
Valuation Fee: 149.00
Arrangement Fee: 1999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 106.00
Deeds Release Fee: 54.00
Product Match Status: Available
MaxLoan Available: 350000.00
Legal Fee: 0.00
Lender Product Reference: B855
Detail
Hinckley & Rugby BS BTL 2 Year Discount £3999 Fee Tailored & Joint Borrower Sole Proprietor BHI1.49%Discount2 years 5.89%5.2%APRC £424975%
Product Code: 002ET6
Product Name: BTL 2 Year Discount £3999 Fee Tailored & Joint Borrower Sole Proprietor
Lender Code: BHI
Lender Name: Hinckley & Rugby BS
Initial Pay Rate: 1.49
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5.89
Apr Lenders: 5.2
Early Repayment Charge Period Sort Field: 0
Initial Monthly Payment: 495.33
Monthly Payment After Initial Period: 766.19
Fees Total: 4664.00
True Cost: 0.00
True Cost Over Initial Period: 12552.92
Cashback: 0.00
Valuation Fee: 265.00
Arrangement Fee: 3999.00
Booking Fee: 250.00
Higher Lending Charge: 0.00
Max LTV Available: 75
Product Type: Buy To Let
Mortgage Discharge Fee: 150.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 250.00
Lender Product Reference: TABT22
Detail
Hinckley & Rugby BS BTL 2 Year Discount £3999 Fee Tailored & Joint Borrower Sole Proprietor No Capital Raising BHI1.49%Discount2 years 5.89%5.2%APRC £424975%
Product Code: 002ET7
Product Name: BTL 2 Year Discount £3999 Fee Tailored & Joint Borrower Sole Proprietor No Capital Raising
Lender Code: BHI
Lender Name: Hinckley & Rugby BS
Initial Pay Rate: 1.49
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5.89
Apr Lenders: 5.2
Early Repayment Charge Period Sort Field: 0
Initial Monthly Payment: 495.33
Monthly Payment After Initial Period: 766.19
Fees Total: 4664.00
True Cost: 0.00
True Cost Over Initial Period: 12552.92
Cashback: 0.00
Valuation Fee: 265.00
Arrangement Fee: 3999.00
Booking Fee: 250.00
Higher Lending Charge: 0.00
Max LTV Available: 75
Product Type: Buy To Let
Mortgage Discharge Fee: 150.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 250.00
Lender Product Reference: TABT22
Detail

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The mortgage products displayed above are as a result of the following search: Reason for Mortgage: Purchase; Property Valuation: £200000; Mortgage Amount: £120000; Payment Method: Repayment; Mortgage Term: 25 years; Mortgage Product: All Offset: No Product Term Period From: 0 Months; Product Term Period To: 300 Months; . For a more accurate quotation please use our Quick Mortgage Quote facility.

Mortgage product availability is subject to status and availability.

Although great care is taken to ensure that product details are as accurate as possible no liability can be accepted for errors or omissions. To confirm details and availability of any product please click the “Do I Qualify” button.