Buy to let mortgages cater to those buying property for rental purposes. They usually demand a higher deposit and come with increased interest rates than standard residential mortgages. Lenders evaluate the expected rental income to ensure it covers mortgage payments. This type of mortgage is popular among investors seeking to generate rental income and capital growth.
Investment Strategy
Develop a clear strategy for your property investments to maximise returns and minimise risks. Consider market trends, location, and property type to make informed decisions. 
Math of Property Investment
Understand the financial calculations involved in property investment. This includes rental yield, capital growth, and expenses to evaluate the profitability of potential investments.
Next Step: Assess and Improve Your Investment Returns
Regularly review your investment performance. Identify areas for improvement, such as reducing costs or increasing rental income, to enhance your overall returns.
Houses of Multiple Occupation (HMO)
Investing in HMOs can provide higher rental yields compared to single-let properties. Understand the regulations and management complexities involved in HMOs to succeed in this niche market.
Interest Cover Ratio (ICR)
ICR is a key metric used by lenders to assess the risk of a buy-to-let mortgage. It measures the ability of rental income to cover mortgage payments, helping ensure the sustainability of your investment.