Not all lenders are happy to lend to first time landlords because you may not have the necessary experience.
Or perhaps you are what's called an "accidental landlord" - you have seen the property you want, but haven't yet sold your own home? You might be looking at a Let to Buy Mortgage.
Both Buy to let and let to buy mortgages are non-regulated products, which means that lenders do not have to follow strict guidelines to ensure affordability. But all lenders will want some reassurance that your investment property will be managed in a way that ensures it will retain its value or gain in value.
We can advise you on the steps to take to ensure your venture is a success.
Talk to us today to find out about mortgages available to you.