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Long-Term Rental Income

Buy-to-Let Mortgages — build your portfolio

Whether you are purchasing your first rental property or expanding a multi-property empire, Glender connects you with specialist BTL lenders who offer the sharpest rates for landlords. Your Generous Lender understands the rental game.

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3.49%

Rates from (per annum)

80%

LTV up to

5–30

Term (years)

125%

ICR requirement (typical)

Understanding Buy-to-Let

What is a buy-to-let mortgage?

A buy-to-let mortgage is specifically designed for properties that will be rented out to tenants. Unlike residential mortgages, BTL lending is assessed primarily on rental income coverage rather than personal income, making it the tool of choice for property investors and landlords.

The Global Lender network includes specialist BTL lenders who cater to every landlord scenario — from a single flat to a 100-property portfolio held across multiple limited companies. Your Generous Lender finds the best fit for your situation.

✓ Standard residential BTL (AST tenancies)
✓ HMO and multi-unit freehold blocks
✓ Limited company (SPV) structures
✓ Portfolio landlord specialists (4+ properties)
✓ Holiday lets and serviced accommodation

Property Types We Cover

Standard Residential

Houses, flats, and maisonettes let on assured shorthold tenancies to single households

HMO Properties

Houses in Multiple Occupation — room-by-room letting for higher yields. Licensed and unlicensed.

Multi-Unit Freehold Blocks

Blocks of flats owned as a single freehold title. Specialist lenders for 2-50+ unit buildings.

Holiday Lets & SA

Short-term and holiday letting. Airbnb-style serviced accommodation with higher income potential.

Why Glender

Key features

Buy-to-let lending tailored to modern landlords. Your Generous Lender navigates the complexities so you do not have to.

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Limited Company BTL

Many landlords now hold property in SPVs for tax efficiency. Glender connects you with lenders who specialise in limited company buy-to-let at competitive rates.

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Portfolio Landlords

Own four or more mortgaged properties? You are classified as a portfolio landlord and need specialist underwriting. Our panel lenders handle complex portfolio assessments daily.

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Flexible ICR

Interest Coverage Ratio requirements vary by lender. Some accept 125% at pay rate, others stress-test at 5.5%. Glender finds the lender whose criteria your property meets.

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Rate Options

Fixed rates from two to ten years, trackers, and discounted variables. Lock in certainty or keep flexibility — the choice is yours across our full lender panel.

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HMO Specialists

Houses in Multiple Occupation generate higher yields but need specialist lenders. Glender has HMO-friendly funders for licensed and unlicensed properties.

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Expat & Overseas

UK property owned by expats or overseas nationals? The Global Lender network includes lenders who welcome non-UK resident landlords with competitive terms.

How It Works

Four steps to your BTL mortgage

Glender simplifies the buy-to-let journey from initial enquiry to mortgage offer.

Share Your Requirements

Property value, rental income, borrowing structure, and portfolio size. Two minutes is all it takes.

Lender Matching

Glender filters lenders by your specific criteria — ICR, property type, borrower structure, and portfolio rules.

Compare & Apply

See rates, fees, product details, and ERCs side-by-side. Choose the mortgage that fits your investment strategy.

Mortgage Offer

Application submitted, valuation instructed, and mortgage offer issued. Typical timescale 3-6 weeks.

Eligibility

Who can apply?

Buy-to-let mortgages are available to individuals and companies who intend to let the property to tenants. Most lenders require you to own your own home (or have done so previously), though some accept first-time buyers turned landlords.

✓ Individual landlords (UK residents)
✓ Limited companies and SPVs
✓ Expats and overseas nationals
✓ Portfolio landlords (4+ properties)
✓ First-time landlords (some restrictions apply)

What you'll need

● Property value and expected rental income
● Deposit of 20-40% (depending on lender)
● Minimum personal income (typically £25,000+)
● Proof of identity, address, and income
● Portfolio schedule (for 4+ properties)
● Company accounts (for limited company borrowers)

FAQ

Frequently asked questions

The ICR measures whether the rental income sufficiently covers the mortgage payments. A 125% ICR means the rent must be at least 125% of the monthly mortgage payment. For example, if the mortgage costs £800 per month, rent must be at least £1,000. Lenders stress-test at higher rates (typically 5.5%) to ensure the investment remains viable if rates rise.

Since the Section 24 tax changes, many landlords now hold properties in limited companies (SPVs) because mortgage interest remains fully deductible against rental income at the company level. However, limited company rates can be slightly higher. Your Generous Lender can show you options for both structures so you and your accountant can decide what works best for your tax position.

Under PRA rules, anyone with four or more mortgaged buy-to-let properties is a portfolio landlord. This triggers more detailed underwriting — lenders must assess your entire portfolio, not just the individual property. Some high-street lenders avoid portfolio cases, but the Glender panel includes specialist lenders who handle portfolio assessments as standard.

Some lenders accept first-time buyers for buy-to-let, though the selection is more limited and you may need a larger deposit (typically 25-40%). You will also pay the 3% stamp duty surcharge. Glender filters lenders who welcome first-time landlords so you are not wasting time with those who decline automatically.

BTL rates typically sit 0.5-1.5% above equivalent residential mortgage rates. Current market rates start from around 3.49% for a two-year fix at 65% LTV, rising to 5-6% for higher LTV, limited company, or HMO products. Glender shows you live rates from across the market so you can compare with confidence.

Yes, though not all lenders permit it. Some lenders restrict tenancy types — excluding students, DSS/housing benefit tenants, or corporate lets. Glender filters by permitted tenancy type so you only see lenders who accept your intended letting strategy. Your Generous Lender does not waste your time with unsuitable options.