Buy-to-Let Mortgage Advisors & Brokers

Find out how a BTL Mortgage broker can help you secure the best possible rate

Which of the below best describes your situation?

Home Buy To Let Mortgages Buy-to-Let Mortgage Advisors & Brokers
Pete Mugleston

Author: Pete Mugleston

Mortgage Advisor, MD

Jon Nixon

Reviewer: Jon Nixon

Director of Distribution

Updated: March 18, 2024

How we reviewed this article:

Our experts continuously monitor changes in the financial space and work closely with qualified mortgage advisors for factual verification.

March 18, 2024

If you’re looking to get a buy-to-let (BTL) mortgage, using a broker is the smart way to make sure you end up with the best deal possible. But, every BTL property and situation will be unique, so it’s vital you use the right type of broker.

This guide covers everything you need to know about specialist buy-to-let mortgage brokers. You’ll find out about the services they can provide, the fees and costs involved, and how we can find you a trusted advisor to help with your property investment.

Keep reading for all the details or click on a link below to jump straight to a section…

Are there mortgage brokers who specialise in buy-to-let?

Yes, some brokers focus purely on buy-to-let (BTL) mortgages. It’s also important to remember that the buy-to-let niche is quite large and covers a wide scope. Although there are generic BTL brokers, you need an advisor who specialises in specific types of properties and clients if you want to ensure you get the best deal.

Did you know… You only have access to one third of the Buy-To-Let mortgages available unless you use a specialist broker!

Maximise your chance of mortgage approval with a specialist in buy to let mortgages

Get Started

Ask Us A Question

We know everyone's circumstances are different, that's why we work with mortgage brokers who are experts in all different mortgage subjects.

Ask us a question and we'll get the best expert to help.

Feefo 5 Stars
1 of 3
£
£
£
2 of 3
3 of 3 Send!

Types of broker services available

Your circumstances and the rental property you’re looking to buy will make your situation unique, which is why it can be so useful to speak with a specialist advisor that suits your needs.

Here are a few examples of ways an expert buy-to-let mortgage broker can assist you:

  • Bad credit: if you have bad credit, a specialist broker will be able to introduce you to the lenders who’ll still be willing to offer a mortgage. Taking this path means avoiding any unnecessary rejection or further marks on your credit file. Your broker will also be able to look at your credit reports and show you ways to improve your score.
  • Complex income: if you’re self-employed or your income comes from multiple sources, many mainstream lenders won’t be comfortable taking all that into account. Personal income is not as crucial for buy-to-let mortgages as it is for residential. However, using an experienced BTL broker means introductions to lenders with the ability to stretch your income as far as possible so that you still end up with the best arrangement.
  • Non-standard property: if the house you’re looking to buy has any unique features, it may be classed as a ‘non-standard construction’. This could put some lenders off, but a specialist BTL broker can introduce you to the lenders who would still be comfortable setting up this type of mortgage with attractive terms.
  • Older borrowers: these days it’s possible to get a buy-to-let mortgage no matter what your age is. But, sometimes the lenders with no age limits, or the ones happy to lend to older borrowers won’t advertise this. The expert brokers we work with have direct relationships with lenders who offer specialist mortgage products aimed at those in later life, meaning you can still find a competitive BTL deal.
  • Tenant types: your investment plans and the types of tenants you’re hoping to attract can make a difference to the way lenders view your application and the mortgage arrangement you need. If you want to use the property as a HMO, student let, for short-term or non-standard contracts, you’ll likely need to deal with a specialist BTL lender, and a skilled advisor is the best way to access them.

We're so confident in our service, we guarantee it.

We know it's important for you to have complete confidence in our service, and trust that you're getting the best chance of mortgage approval at the best available rate. We guarantee to get your mortgage approved where others can't - or we'll give you £100*

Happy approved couple

How to find a buy-to-let mortgage broker

Finding a specialist buy-to-let mortgage broker can be difficult, because home loans for rental properties may not be your area of expertise. To make your life easier, we offer a free broker-matching service to find you the right advisor for your specific circumstances.

Unfortunately, not every broker out there is of the same standard or offers exceptional assistance. But, the brokers we work with have all been independently assessed and hold industry recognised qualifications. This means you can be sure that you’re getting top-level service.

If you’d like to speak with a BTL mortgage expert, just make an enquiry. We’ll arrange a free, no obligation chat between you and your ideal broker today.

What fees will you pay?

The exact cost will vary between brokers, but for most, the fee can be in the region of £300-£600, or 0.35%-1% of the loan amount. However, the complexity of your BTL mortgage can also impact the cost.

If this sounds like a lot, it’s worth remembering that if you secure a great deal, the savings you’ll make will more than cover the cost of the broker. And, to make things more straightforward for you, when you use our services, all the brokers we work with use our ‘fair-fee policy’.

This means that you’ll only be charged a fee if they’re able to secure the buy-to-let mortgage you want. Or, if they ask for an upfront fee, it will be refunded if they can’t get your ideal BTL mortgage deal.

‘No fee’ and ‘fee-free’ buy-to-let mortgage brokers

You may come across some brokers that claim to have ‘no fees’ or that the services are free because they get paid a commission by the lender instead. Whilst this may seem attractive on the surface, it’s worth understanding how this works.

Because the fee comes from the lender, this means that finding you the best deal is not necessarily the priority. It’s often in a ‘no fee’ broker’s best interest to offer you a BTL mortgage product that benefits their real customer (the lender) who will pay them the highest commission.

As a result, you could end up with a smaller pool of lenders and not very competitive rates. So always make sure you think about the true cost and who will end up better off once everything is taken into account.

Do you need a broker if you’re a first-time buyer?

It’s not essential, but it’s highly recommended. As a first-time buyer on a BTL property (FTB), you’d likely find you only have a limited number of buy-to-let mortgage options to choose from. And, most will come with higher rates and deposit requirements. Using the services of a skilled broker means that you can still access the best deals available on the market as a FTB.

Experienced landlords

On the opposite end of the spectrum, specialist mortgage advice for experienced landlords is also extremely useful. Some BTL mortgage providers will have caps on how many properties you can have in your portfolio, and others will offer specific deals for experienced landlords. So, it’s well worth using a broker to introduce you to the right lenders.

Kevin's Story

Our broker got in touch really quickly

Our broker got in touch really quickly. They understood the situation and what we needed to get both mortgages over the line, and kept me up to date with the options available. They quickly set up a deal with another lender for the buy to let and that went through easily, meaning we didn’t lose any time or sleep in the process!

Read the full story
Kevin Williams

Get matched with a specialist buy-to-let mortgage broker

Using a specialist broker to get you set up with a buy-to-let mortgage will save you plenty of time and energy. It’s also the surest way to make sure you get the best BTL mortgage deal for your specific circumstances.

Our free, broker-matching service means that we’ll quickly assess your needs, and then pair you up with an experienced broker.

If you’d like to speak to a skilled advisor who can arrange your ideal buy-to-let mortgage, just call 0808 189 2301 or make an enquiry. We’ll set up a free, no obligation chat today.

Maximise your chance of mortgage approval with a specialist in buy to let mortgages

Get Started

Ask Us A Question

We know everyone's circumstances are different, that's why we work with mortgage brokers who are experts in all different mortgage subjects.

Ask us a question and we'll get the best expert to help.

Feefo 5 Stars
1 of 3
£
£
£
2 of 3
3 of 3 Send!

FAQs

We can arrange this, but it’s not always the best option. Most brokers and lenders operate on a national level and you may be limiting yourself by choosing one based nearby. This is because they may not be the right mortgage broker for your specific buy-to-let needs, or have the necessary contacts and experience to find you a top deal.

Yes, a skilled advisor can help you set up the best BTL arrangement for your limited company. This could involve exploring traditional investment mortgages or perhaps the possibility of an SPV mortgage. A specialist broker will be able to show you all your options and advise you on the right course of action.

Ask a quick question

We can help!

We know everyone's circumstances are different, that's why we work with mortgage brokers who are experts in Buy to Let Mortgages

Ask us a question and we'll get the best expert to help

Our Brokers

Get in touch today

Make an enquiry and we'll arrange for an experienced mortgage broker we work with to contact you straight away.

1 of 3
£
£
£
2 of 3
3 of 3 Send!

About the author

Pete, an expert in all things mortgages, cut his teeth right in the middle of the credit crunch. With plenty of people needing help and few mortgage providers lending, Pete found great success in going the extra mile to find mortgages for people whom many others considered lost causes. The experience he gained, coupled with his love of helping people reach their goals, led him to establish Online Mortgage Advisor, with one clear vision – to help as many customers as possible get the right advice, regardless of need or background.

Pete’s presence in the industry as the ‘go-to’ for specialist finance continues to grow, and he is regularly cited in and writes for both local and national press, as well as trade publications, with a regular column in Mortgage Introducer and being the exclusive mortgage expert for LOVEMoney. Pete also writes for Online Mortgage Advisor of course!

Read more about Pete

Pete Mugleston

Mortgage Advisor, MD

Maximise your chances of approval, whatever your situation - Find your perfect mortgage broker

By browsing our site you consent to our use of cookies.