How Much Deposit for a Buy to Let Mortgage
Buy-to-let mortgages
Mortgages, guides and tools for property investors
Whether you're thinking about buying to let or expanding your property portfolio, explore some mortgages, tips and insurance deals to help with your plans.
- Practical tips for anyone who wants to invest in property
- A wide range of deals to help you buy and remortgage buy-to-let homes
- Specialist landlord insurance to help you protect up to three properties
What's a buy-to-let mortgage?
Buy-to-let mortgages are designed to help you buy a property that you intend to rent out to other people, rather than to live in. The amount you can borrow usually depends on the rental income you expect to earn from tenants, although we might consider other income in some circumstances. Typically, you'll need a higher deposit amount for a buy-to-let mortgage.
How we can help
Check whether you're eligible and browse our tips if you're buying to let for the first time.
Our latest buy-to-let rates
How to apply
Use our calculators to see how much you could afford to borrow and find out how to prepare for your mortgage appointment.
About buying to let
Can I live in my buy to let property? You can't live in your own buy-to-let property – these mortgages are designed for landlords. You'll need a standard mortgage for a home if you want to live in the property.
How easy is it to get a buy to let mortgage? While the application process for a buy-to-let mortgage is similar to applying for a mortgage to buy a home to live in, the eligibility criteria will differ. For example, with a buy-to-let mortgage application, you'll need a higher deposit – usually around 25% of the property value, and interest rates are typically higher. We'll also consider your circumstances, including how many rental properties you already own and how much you owe elsewhere.
What's the criteria for a buy to let mortgage? You'll need to be 21 years or older to apply for a buy-to-let mortgage. If you're considering a joint application, other applicants need to be aged 18 or older. You don't need to have a residential property to apply for a buy-to-let mortgage, and you can apply on your own or with up to three people, providing you're not part of a company. You can check our income and borrowing limits for more details.
More questions about buying to let? For more information on buying to let, see our guide to becoming a buy-to-let landlord.
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Important information
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The insurer of Barclays home insurance is Gresham Insurance Company Limited, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered Office: 8 Surrey Street, Norwich, Norfolk, NR1 3NG Registered in England, Registered No. 110410.
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How Much Deposit for a Buy to Let Mortgage
Source: https://www.barclays.co.uk/mortgages/buy-to-let/