I'm a first-time landlord looking to purchase my first buy-to-let. What are the minimum income requirements for a personal name buy-to-let mortgage, and are there lenders who are more flexible for self-employed individuals?
Quick Answer
Most buy-to-let lenders require a minimum personal income of £25,000, though some accept £20,000. Self-employed applicants typically need 2-3 years of accounts and SA302 forms. Lenders with specialist buy-to-let arms or those using portfolio landlord criteria can be more flexible for established investors.
About This Topic
First-time landlords need a minimum £20,000-£25,000 income for BTL mortgages. Self-employed applicants commonly require 2-3 years of SA302s.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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