Jason Bailey

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Products Updated May 13, 2018

85% Buy to Let Mortgages

We’ve search and identified all the 85% buy to let mortgage deals from the whole buy to let market place. If you have a 15% deposit then you can search and compare all the lenders below to see who is offering the best deals. If you need further advice then speak with one of our buy to let mortgage experts.

Free Buy to let mortgage advice and brokerage. Our experts can find you the best deals and have access to exclusive rates:

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All credit types
Rated 5.0/ 5

Life's Great Why?
Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

LTV
50% - 85%

Initial Rate
1.44% - 5.29%

Standard Rate (SVR)
4.99% - 4.99%

APRC
4.7% - 5.2%

Life's Great is an online buy to let mortgage broker that can find and arrange your mortgage for free. They can quickly search the market to find you the best BTL deal from across the market. Click Get A Quote for a personal illustration.

85% LTV Buy to let mortgages explained

Buy to let mortgages at 85% LTV

Buy to let mortgages at 85% LTV

85% loan-to-value deals are popular with first time landlords and property investors who want to get into letting property with the minimum amount of deposit. If you are looking for an 85% deal then you’ll need a minimum of a 15% of the purchase price as a deposit.

What are the advantages of an 85% buy to let mortgage?

The most obvious advantage is that you’ll only need to raise a relatively small deposit of 15% to purchase the property. This is great if you only have a small budget, and may free up cash to spend on other expenses such as stamp duty, solicitors fees etc.

What’s the downside?

As with all buy to let mortgages, the less you put down against the purchase of the property then the higher rate on interest you’ll be changed by your mortgage provider. Therefore you could consider this as a downside if you could afford to raise a 20% or 25% deposit for example you would be rewarded with a better a cheaper rate of interest.A smaller deposit will cost you more on your mortgage repayments due to a higher rate of interest being changed.

Where can I find the best 85% buy to let mortgage deals?

Our buy to let mortgage comparison tools search and find all the best 85% loan to value deals available from the whole UK mortgage market place. You can then quickly compare the deals and lenders to see who is offering the best and cheapest rates.

Can I get a buy to let mortgage with a bad credit rating and low credit score?

BTL mortgages with bad credit

BTL mortgages with bad credit

There are ranges of specialist and some high street buy to let lenders who will consider lending to those with an adverse credit history. If this applies to you then we would strongly recommend that you speak with a bad credit mortgage broker here on the website. They will be able to search the market upon your behalf and provide advice and guidance on what your options are.

Where can I get further buy to let mortgage advice?

Speak to an independent mortgage expert here on the website. Their advice is free and without obligation to proceed with a mortgage.

 

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Rating: 4.6 / 5 with 25 votes

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