Buy-to-Let Equity Release Calculator
If you have a single buy-to-let property or even an established property portfolio, you could use equity release as a way to raise capital funds.
These specialist plans are designed to help landlords develop their buy-to-let (BTL) property portfolios, which, in turn, could ultimately benefit their tax and retirement planning.
Rather than selling your existing buy-to-let property to raise funds for retirement, thus potentially incurring capital gains tax, landlords are increasingly using equity release to help mitigate their tax position.
By taking a tax-free lump sum from your BTL property investment, the rental income is unaffected, and the cash could be used to invest in further properties, or for lifestyle purposes as required.
How much money could I release?
To get an idea of how much money you could release with our buy to let equity release calculator, we only need a couple of details as these are the basic criteria lenders use. These are -
- The age of the youngest homeowner (who must be at least 55).
- The estimated value of your buy to let property (which must be a minimum of £70,000 and in the UK).
- Your postcode.
Unlike other types of buy to let mortgage, we don’t need to know your current rental income as lenders don’t consider this when deciding how much they will lend.
Our calculator will then search across the plans that are currently available on a buy to let basis and your results are shown instantly within an easy to read format.
Please note, the majority of Over 55 Buy-to-Let Mortgages are unregulated, they share similar characteristics with a Lifetime Mortgage, however they are not defined as a Lifetime Mortgage by the FCA. To understand the features and risks, please ask for a personalised buy-to-let mortgage illustration.