Buy to Let Equity Release
How to use the buy-to-let equity release calculator
To get an estimate of the maximum you could borrow with a buy-to-let lifetime mortgage, simply input:
- the value of your property (which must be a minimum of £70,000 and in the UK)
- the age of the youngest homeowner (which must be at least 55)
- your postcode
This is the criteria that lenders use when deciding how much money you can borrow.
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. The main requirement is that an assured shorthold tenancy (AST) is in place.
An introduction to buy-to-let life time mortgages
If you have a single buy-to-let (BTL) property or even an established property portfolio, you could use equity release as a way to raise capital funds. This could be to make improvements to your existing BTL property or to purchase a new one.
These specialist plans are designed to help landlords develop their buy-to-let (BTL) property portfolios, which could ultimately benefit their tax and retirement planning.
Rather than selling existing buy-to-let properties to raise funds for retirement, and incurring capital gains tax, landlords are increasingly using buy-to-let equity release to help mitigate their tax position.
By taking a tax-free lump sum from your buy-to-let property investment, the rental income is unaffected, and the cash could be used to invest in further properties, or for lifestyle purposes as required.
Want to compare buy-to-let life time mortgages?
Research the range of buy-to-let lifetime mortgages currently available with our ‘Compare Deals’ functionality which is only available at Equity Release Supermarket.
You’ll be able to see buy-to-let interest rates, as well as features and offers from all lenders across the equity release marketplace. Alternatively, try our free intelligent smartER research tool which allows you to conduct your own research on buy-to-let equity release plans from across the whole of the later life market.
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.