Case Studies - Buy-to-Let Mortgages
Our residential buy-to-let mortgages offer medium term (max. 10 years) solutions for investors who require bespoke finance for their investment plans.
Latest Case Studies
Case Studies - Buy-to-Let MortgagesCase Studies - Refinance
Addressing how a shortfall would be covered for a BTL investment
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Case Studies - Buy-to-Let Mortgages
Exploring our repayment options to provide breathing space for a first time landlord
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Case Studies - Buy-to-Let Mortgages
Finding solutions for credit history issues for a BTL investment
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Case Studies - Buy-to-Let Mortgages
Going through the details for a challenging BTL investment
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Case Studies - Buy-to-Let Mortgages
Helping a first time landlord with a multi unit freehold property purchase
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Case Studies - Buy-to-Let Mortgages
Helping a landlord with tenants in situ cover an existing charge
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Case Studies - Buy-to-Let Mortgages
Internal teamwork for a complicated deal with multiple properties
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Case Studies - Buy-to-Let Mortgages
Providing a way forward for a BTL investor with missed payments
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Case StudiesCase Studies - Buy-to-Let Mortgages
Returning offshore borrower looking to overcome tight BTL deadlines, with speed and security
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Case ScenariosCase Studies - Buy-to-Let Mortgages
Specialist finance options for planning permission difficulties
Read case studyCase ScenariosCase Studies - Buy-to-Let MortgagesCase Studies - Residential & Buy-to-Let
The options available to landlords with missed payments on their records
Read case studyCase ScenariosCase Studies - Buy-to-Let Mortgages
The tools at our disposal to help with LTV limits and tricky business plans
Read case studyAdaptable Buy-To-Let Mortgages
Our residential buy-to-let mortgage offers flexible finance solutions for investors’ needs. Borrow up to £3m per property or up to £10m for a portfolio on a tracker or fixed rate. Our 10-year term mortgages feature low Early Repayment Charges (ERC) for the initial period, and no ERCs at all in the final years, making them ideal for those looking to optimize their investments.
We excel at simplifying complex situations with a bespoke approach to buy-to-let mortgages, and expert underwriting. Each case is handled by the same contactable underwriter from enquiry to completion, ensuring a smooth and personalised experience. Unlike other lenders, we don’t rely on rigid tick-box criteria – we always look for ways to lend, rather than find reasons not to.
As the only lender to roll and defer interest to maximize loan size, we also offer significant advantages to higher rate taxpayers by utilising up to 130% Interest Coverage Ratio (ICR) on our loans. Our residential buy-to-let mortgage products are tailored to meet the needs of a complicated, often challenging market.
5 easy steps towards your residential buy-to-let mortgage
Step 1: Loan Enquiry & Indicative Terms
Reach out to us via phone, email, or online—whichever way suits you best. Our underwriter will need a few details to provide an indicative tier, rate, and loan size. We offer various tools to make the Interest Cover Ratio (ICR) work for you.
- Response time: Within 4 hours of an enquiry
Step 2: Underwrite & Issue DIP
If you’re satisfied with the initial terms, we’ll request a few documents to finalise the underwriting process. We’ll then issue ‘credit approved terms’ in the form of a Decision in Principle (DIP), verified by our Credit Committee for reliability.
- DIP issued: Typically within 24 hours
Step 3: Valuation
Once the DIP is signed, and the valuation and admin fees are paid, we move towards valuing the property. Your dedicated underwriter will select the best terms and timescales from our panel for your specific circumstances. The valuation confirms the security details on which the DIP is based.
- Instruction: Usually in less than 24 hours of fees clearing
Step 4: Legal Documentation
At this stage, our solicitors step in to issue contracts and progress the case toward completion. We use a trusted panel to ensure timely completions, keeping you informed at every step.
- Instruction: quickly and only use firms we know and trust
Step 5: Loan Drawn Down
The loan is now ready to be utilised. A residential buy-to-let mortgage can be put towards houses, flats, HMOs and more.
- Timeframe: Depending on your circumstances, capital can be issued within a week from the initial enquiry.
Residential Buy-To-Let Mortgages –
All you need to know:
Main features
The main features of our residential buy-to-let mortgage are:
- Borrow up £3m for a single property and up to £10m for your property portfolio at 75% LTV
- Ideal for first-time and seasoned investors alike
- Fixed rate or tracker rate options to enable flexibility
- Higher loan sizes: We are able to use tools to boost your maximum loan amount you can borrow: deferred interest options, rolled-up/deferred months, and top slicing
- Breathing space with rolled Interest: For example, roll two months of interest to complete light refurbishments, or secure a tenant before starting monthly payments
- Diverse Property Types: We finance holiday lets, unlimited HMOs, 30-unit MUFBs, and more
- Flexible Term Lengths: 10-year terms with the possibility to exit early, providing flexibility for various investment strategies.
- Specialised financing: We cater to expats, foreign nationals, trusts, offshore companies, and other unique setups
- Ideal for exit strategies: Use a Market Financial Solutions bridging product to convert or refurbish a property, and then transition to our long-term BTL product
How does the mortgage work?
A residential buy-to-let mortgage is an investment loan for properties that owners lease to tenants to generate rental income. Common tenants include individuals, families, unrelated groups (like students or multiple tenants each renting a room), and short-term renters through services like AirBnB.
Most buy-to-let mortgages are interest-only, meaning the monthly payments cover only the interest on the loan. The principal borrowed at the outset must be repaid at the end of the mortgage term, which can be done by selling the property, using savings to pay off the debt, or refinancing with another lender.
Fees involved
When arranging a residential buy-to-let mortgage with Market Financial Solutions, you should be aware of the following fees:
- Admin Fee: £199 per property, capped at £995 for portfolios, payable when you proceed to a property valuation.
- Product Fee: Starting from 2% of the loan amount, this fee is paid when the mortgage is redeemed.
- External Fees: These include valuation and solicitor fees. Every property requires a valuation by a surveyor, and a solicitor must be involved to ensure all details are correct, and ownership is properly recorded.
How to apply
You can apply for BTL finance with a deposit of at least 25%, so long as your circumstances fit in with our criteria. It’s crucial to find a mortgage lender that understands and addresses your specific needs.
Our products are designed according to multiple “tiers” to accommodate a variety of requirements. You can find all the details and applicable products for your situation with our calculator.
Alternatively, contact our mortgage team. They are ready to discuss your needs and help you find the best product for you.
I have adverse credit
Our residential buy-to-let mortgages can accommodate clients with adverse credit, so long as their investment plans are sound, and there is a clear exit strategy at hand. We can consider the following issues during the application process:
- Missed mortgage payments
- Unsecured card or loan repayments
- CCJs and defaults
- Bankruptcy, Individual Voluntary Arrangements (IVA), or Debt Relief Orders (DRO)
Is this an interest-only mortgage?
Our fixed-rate and tracker mortgages are interest-only, with options to defer up to 2% of payments and/or roll up to 9 months of payments. These features enable larger loan amounts and provide greater flexibility.
Do I need a deposit?
The deposit amount you need depends on your loan-to-value ratio. Our maximum loan-to-value is 75% for Solutions BTL & Specialist BTL and 70% for our bespoke level. Therefore, you will need a minimum deposit of 25% of your property’s value.
Re-mortgaging
Certainly. Whether you’re considering switching from another provider, transitioning from a different financial product like a bridging loan, or applying for another flexible buy-to-let mortgage from Market Financial Solutions, we will evaluate your application and offer appropriate solutions where possible.
Can I change my mortgage?
Yes, this is possible, but it hinges on how you plan to utilise the property. Your lender might permit you to switch to a ‘consent to let’ agreement. However, certain finance providers may mandate that you obtain a new mortgage specifically designed for buy-to-let purposes when transitioning. Additionally, you must ensure that your property complies with your local council’s regulations and guidelines for buy-to-let properties if you are altering its usage.
Not sure where to find this information? Visit gov.uk for more details.
