Are There Any Lenders Who Lend Up to 90% or 95% LTV on Buy-to-Let?

Lenders offering Buy-to-Let (BTL) mortgages typically require a larger deposit compared to residential mortgages, with Loan-to-Value (LTV) ratios typically ranging from 60% to 75%. However, there are some lenders who may offer higher LTV ratios for Buy-to-Let mortgages, including options up to 90% or 95% LTV.  

A deposit for a buy-to-let is around 25% of the property value, which means the maximum LTV would be 85%. Often buy-to-let mortgages can vary greatly and the offers available are subject to many different factors, e.g. how much deposit you can put down, how much you can pay back every month, etc. Alongside this, lenders will use a rental affordability calculation to determine whether they think your buy-to-let mortgage is financially feasible - this means that the monthly rental income for your new property must be at least equal to 145% of the monthly mortgage payments on an interest-only basis using a nominal rate of around 5%. 

Here are some considerations and potential lenders for high LTV Buy-to-Let mortgages: 

1. Higher deposit requirements - keep in mind that higher LTV ratios often come with stricter eligibility criteria and may require a larger deposit or additional security to mitigate risk for the lender  
2. Specialist lenders - some specialist lenders may offer Buy-to-Let mortgages with higher LTV ratios, catering to borrowers with specific needs or circumstances. These lenders may be more flexible in their lending criteria and may consider factors beyond traditional income and credit checks  
3. Interest rates and fees - higher LTV mortgages often come with higher interest rates and fees to compensate for the increased risk to the lender. It's essential to carefully consider the overall cost of borrowing and compare rates, fees, and terms from different lenders  
4. Professional landlord mortgages - some lenders offer specialised Buy-to-Let mortgage products tailored to professional landlords with larger property portfolios. These products may have more favourable terms and higher LTV ratios for experienced investors with a proven track record of managing rental properties  

When seeking a high LTV Buy-to-Let mortgage, it's advisable to work with a mortgage broker who specializes in Buy-to-Let financing. They can help you navigate the market, identify lenders offering higher LTV ratios, and negotiate favourable terms on your behalf. Additionally, be prepared to provide detailed financial information, including rental income projections and property details, to support your mortgage application. 

If you can raise or have access to additional funds or would like to talk through what's available in more detail, then please let us know on 0330 433 2927 , and we'll arrange a suitable time for you to talk to one of our consultants.