River Finance Ltd

River Finance are Mortgage and Protection Advisers. We offer a first class service in helping you find the most appropriate products for your mortgage and protection needs from a comprehensive range of mortgages from across the Market. Our qualified advisers help reduce stress by explaining the advice clearly and honestly through every stage of a transaction, making sure you understand, and are happy with the terms of any products we recommend.

Buying a property to rent

  • Find me a mortgageFind Me a Mortgage

  • Today's Best Mortgages
  • Free Loan Calculators
    • How Much Can I Borrow?

      Mortgage Borrowing Calculator

      Please enter the income for the first and (if appropriate) second applicants and the maximum borrowing will be calculated

      Applicant 1 income £
      Applicant 2 income £
       
      Maximum borrowing £

       

      Your home may be repossessed if you do not keep up repayments on your mortgage.

       

      For mortgages we can be paid a fee, usually up to £1,500 or by commission. Typically the fee charged is around 0.35% of the loan amount.

    • How Much Could I Pay?

      Mortgage Payment Calculator

      Please enter the requested values, and then the monthly payment will be calculated

      Loan amount £
      Rate %
      Term years
      Repayment Interest only
       
      Monthly payment £

       

      Your home may be repossessed if you do not keep up repayments on your mortgage.

       

      For mortgages we can be paid a fee, usually up to £1,500 or by commission. Typically the fee charged is around 0.35% of the loan amount.

  • Request a Call BackRequest a Call Back

For a free initial consultation, you can speak to one of our expert advisers on:

01440 730743

Or request a call back

Done!

Buying A Property to Rent (Buy to Let)

This can be a popular mortgage option for those wishing to invest in residential rental property.  Although the perception is that buy to let mortgages are expensive, this isn't necessarily correct.   There are many lenders who offer competitive rates, which in many cases are generally similar to the rates offered on a standard mortgage.

Landlords also have a choice between interest only and repayment mortgages. Buy to let mortgages do differ in several ways from standard mortgages.  When lenders are considering approving a buy to let loan, they generally base their decision on the likely rental income from the property and not necessarily the applicants' income.  A prospective landlord needs to be aware that the rental income typically needed is 125% of the mortgage repayment, although this can vary from as little as 100% rental income up to 130%.

With our expertise in this market, we can help you find the best product to suit your requirements.  With our extensive access to thousands of mortgages and our knowledge of lender's requirements, we can find you the right buy-to-let mortgage.

 

For Residential & Buy to Let Mortgages, we usually charge a fee of £500 & £600 respectively.

 

Your property may be repossessed if you do not keep up repayments on your mortgage.

 

The FCA does not regulate some forms of Buy to Let mortgages.

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