Buy To Let Yield Calculator
If you want to buy a property with a view to letting it out, but do not have enough money to pay for the property outright, you will probably be considering a buy-to-let mortgage.
Investing in a buy-to-let property can generate returns, but it's important to remember that rental income is not guaranteed and the value of your property can go down as well as up. Find out more by visiting the YourWealth buy-to-let mortgage guide.
Typically a lender will require potential rental income on a property to equal at least 125% of monthly mortgage repayments before they will consider lending to you, to help cover periods when the property stands empty.
When estimating what your potential returns may be before you take on a buy-to-let investment opportunity, it's also important to take into account other costs involved such as repairs and maintenance, or the use of a letting agent which could impact the returns on your investment.
Use the calculator below to estimate returns on a buy-to let mortgage arrangement (estimated returns are based on a interest-only mortgage arrangement).
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. This calculator is for information purposes only and should not be relied upon as to the actual rate or benefits you may receive. We recommend you seek advice before making any financial decisions.
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