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Buy-to-Let Mortgages for Applicants with Low or No Personal Income

Buy to Let Mortgages Suitable for Applicants with Low Income

Are you employed, self-employed, or on a pension with an annual income less that £25,000? We have lenders who have no minimum personal income requirements and they can lend up to 80% LTV for homeowners who are 1st time landlords, or up to 85% for homeowners who own at least one existing BTL property. (see lending criteria below)

Are you without any employment? eg. a student with a cash gift from parents, a housewife/homemaker, someone recently made redundant, or have you just taken early retirement etc? Anyone who has capital to invest in UK residential property could be eligible for this BTL mortgage. Our lender will not require a guarantor and will not require a second property as additional security. They will just secure their mortgage by way of a 1st charge on the property being purchased. (see lending criteria below)

Product Criteria 1

BTL Mortgage – no minimum income requirements

  • Minimum loan £25,001
  • Maximum loan £1m at 70%, or £750,000 at 75%
  • Minimum term 5 years
  • Maximum term 35 years
  • Interest only, or repayment
  • Purchase or Remortgage
  • Lending in England, Scotland & Wales
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Product Criteria 2

BTL Mortgage – no income requirements

  • Minimum loan £5,000
  • Maximum loan £500,000 at 70%, or £250,000 at 75%
  • Minimum term 5 years
  • Maximum term 15 years
  • Interest only, or repayment
  • Purchase or Remortgage
  • Lender will lend to 1st time buyers, Foreign Nationals and Expats

Types of Property

  • Freehold houses
  • Leasehold flats and studio apartments
  • Can be ex-council properties
  • Flats above some types of commercial properties
  • Newly built
  • Lending in England, Scotland & Wales

General Lending Criteria: Flats Above Commercial Property

Lending details

  • Purchases or Remortgage
  • Interest only or capital + interest repayment
  • Up to 85% Property Value
  • Up to 70% of purchase price

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Buy to Let Mortgages as Low as 1.49% pa