The 10 Best Buy to Let Mortgage Lenders

1. The Mortgage Works

The largest Lender in the Buy to Let market, who’s parent company is Nationwide Building Society. 

The Mortgage Works have a wide range of products covering almost every area of Buy to Let Mortgage Lending, assisting Limited Companies, HMO Mortgages and Portfolio Landlords. 

You will often find they are one of the most competitively priced Individual Buy to Let Mortgage Lenders.

There aftercare for Borrowers is typically second to none too, leveraging their Parent Companies technology and customer service.

Unique selling point (USP): Wide range of competitively priced products covering the vast majority of Specialist Buy to Let Mortgage Lending.

2. BM Solutions

As part of Lloyds Bank, BM Solutions consistently has some of the cheapest products in the market and criteria which is ideal for Landlords with smaller portfolios.

First Time Landlords (not First Time Buyers) are acceptable, and they have no minimum income requirement for non portfolio Landlords. 

USP: Consistently one of the cheapest Buy to Let Lenders in the market.

Their “Green” Mortgage products only require an Energy Performance Certificate rating of C (or above). Other Lenders typically require an EPC rating to be B or above, to qualify for a Green product.

3. Godiva Mortgages

Godiva Mortgages are part of Coventry Building Society, and are third on our list.

They are best known for their Customer Service and friendly criteria toward borrowers who are Self Employed.

They are usually well priced and tailored toward Personal Landlords, but do accept Portfolio Landlords who own more than 10 Mortgaged Buy to Let properties.

USP: Excellent Customer Service and turnaround times in assessing applications.

4. Paragon Mortgages

Paragon Mortgages Specialises in supporting Professional Landlords with particularly complex tenancies and Large Properties such as Houses in Multiple Occupation (HMO’s) and Multi Unit Freehold Blocks (MUFB’s).

USP: Accepts Multi Unit Freehold Blocks with up to 20 Flats. 

5. Saffron Mortgages

A Specialist Residential and Buy to Let Mortgage Lender which has broadened their Buy to Let Criteria over recent years to support more borrowers.

USP: Considers Expat and Consumer Buy to Let Mortgages, both of which many Specialist Mortgage Lenders won’t deal with.

6. Precise Mortgages

A specialist Buy to Let Mortgage Lender which caters for all areas of Buy to Let Mortgage Lending, but also offers a range of products to those with Bad Credit.

If you have or have had in the past adverse credit, Precise will often be the go to Buy to Let Mortgage Lender.

USP: Supports a wide range of applicants who have previous adverse credit, including: Arrears, Defaults and CCJ’s

7. Fleet Mortgages

Fleet Mortgages Lend exclusively on Buy to Let Mortgages.

They have a particularly strong foothold servicing Limited Company and Portfolio Landlords.

USP: One of the go to Lenders for Limited Company Buy to Let Mortgages, with a wide range of Limited Company products.

8. Leeds Building Society

One of the few Lenders who deals with both Residential and Buy to Let Mortgages under the same name.

Leeds Building Society has made our list for having a wide range of criteria which helps a wide variety of borrowers. 

Leeds Building Society was one of the early embracers of Ltd Company and Holiday Let Mortgages.

USP: Lends on Airbnb/Holiday Let Mortgages, which most Lenders do not Lend on.

9. Kent Reliance 

Kent Reliance has particularly good criteria on Properties with Complex tenancies such as HMO’s and MUFB’s that have high valuations, and that require large Mortgages.

USP: Will lend up to 80% loan to value on complex properties and tenancies, including HMO’s and MUFB’s with up to 20 rooms or flats.

10. Foundation Homeloans 

Foundation Homeloans covers broadly every area of Specialist Buy to Let Mortgage Lending

From Holiday Lets, to Expat Mortgages, and having particularly strong criteria in the HMO market.

USP: Great for Large HMO’s, as the Lender has no limit on the number of bedrooms a HMO Property can have.