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 0845 3 630 430 or Enquire Online.