First Time Landlords and First Time Buyers

Buy to Let Mortgages:  First Time Landlords and First Time Buyers

Our panel of carefully selected Specialist Mortgage Brokers are always here to support and assist you, offering a whole of market service. Who at times have exclusive offers for our clients. 

What is a First Time Landlords and First Time Buyers Mortgage?

A First Time Landlord Mortgage is for those starting on their journey into the buy to let world, who own their own home, and are looking to purchase a property as an investment. You will usually be required to put down a deposit of around 25% of the property's value; and in some cases as much as 40%. Our panel of brokers will look at the best options for you.

First time buyers who want to be a landlord without owning their own home, can do so. You will have to pay a much higher deposit than if you use your status, to purchase your own first home to live in. Our panel of brokers have access to first time buyer landlord mortgages 

You will almost certainly need to put down a larger deposit than a domestic buyer – this could be around 25% of the property's value but maybe as high as 40%. The larger your deposit, the more likely you will get a mortgage offer and a better rate.

There is the possibility that you may find it more challenging to secure a loan than if you have owned residential property before. This is because fewer buy-to-let mortgages are available to first-time buyers – around a fifth by some reckoning. Plus, you'll likely need to put down a bigger deposit.

Find out how our panel of Specialist Mortgage Brokers can help find the right deal for you.