Could your BTL be on a better deal?
Whether your deal is coming to an end, you’d like to release some equity, or you’re looking to grow your portfolio — let’s see what’s available.
Rate found by Albot
What’s making you think about remortgaging?
Lots of landlords explore this for different reasons. Here are some of the most common.
Deal ending soon
Your fixed rate is coming to an end and you could end up on a higher rate. It’s worth checking what new deals are available.
Release equity
If your property has gone up in value, you might be able to release some equity — for new deposits or other plans.
Grow your portfolio
Some landlords refinance to free up capital for their next property. It’s a common way to grow a portfolio.
Move to a limited company
Thinking about restructuring into a limited company? We can help you see what lending options are available for SPV structures.
Change your term
You could extend your term to lower monthly payments, or shorten it to build equity quicker. It depends on what works for you.
Could you get a better rate?
If rates have come down or your LTV has improved, even a small change could make a noticeable difference to your yield.
What type of BTL remortgage are you looking for?
There are a few different ways to remortgage a buy-to-let. Here’s a quick look at the main options.
Like-for-like remortgage
Switch to a new deal when your current rate ends — same borrowing, same property, just a better rate.
Remortgage to release equity
Borrow more against your property’s value — often used to fund deposits on new rental properties.
Switch to a limited company
Transfer your property into an SPV structure. More complex, but could be more tax-efficient depending on your situation.
Product transfer
Stay with your current lender and move to a new deal. Less paperwork, but you might miss out on better rates elsewhere.
How BTL lending works
Buy-to-let mortgages work a bit differently to residential ones. Here are the key things worth knowing.
It’s based on rent, not salary
Rental income is key
Lenders focus on whether the rental income covers the mortgage payments — typically by 125–145%.
Higher deposits needed
Most BTL lenders require at least 25% equity. You could get better rates if you have 40% equity or more.
Interest-only is common
Many landlords choose interest-only to keep monthly payments lower and maximise rental yield.
Personal vs limited company
Personal name
Simpler to set up, but rental income is taxed at your personal income tax rate.
Limited company (SPV)
More tax-efficient for higher-rate taxpayers. Corporation tax on profits, mortgage interest fully deductible.
We compare both
Tell us about your situation and we can show you options for both personal and limited company structures.
Portfolio landlord?
If you own 4 or more mortgaged properties, you’re classed as a portfolio landlord. Different rules apply, but we work with lenders who specialise in exactly this.
What affects your BTL mortgage rate?
Several things influence the rate you’ll be offered. Here’s what lenders typically look at.
Loan-to-value (LTV)
How much you’re borrowing compared to the property’s value. Lower LTV usually means better rates. Most BTL lenders need at least 25% equity.
Rental income & ICR
The interest coverage ratio — how much rent you receive versus the mortgage payment. Most lenders want rent to cover 125–145% of the payment.
Property type
Standard houses and flats usually get the widest choice of lenders. HMOs, multi-units, and ex-council properties may have fewer options but still plenty to choose from.
Portfolio size
Owning 4+ mortgaged properties means you’re a portfolio landlord. Lenders will want to see your full portfolio, but specialist lenders handle this regularly.
Personal vs Ltd company
Limited company (SPV) mortgages may carry a slightly higher rate, but the tax benefits can outweigh the difference — especially for higher-rate taxpayers.
Credit history
A clean credit history opens up the widest range of lenders and rates. If your credit isn’t perfect, there are still options — just a smaller pool to choose from.
Every situation is different. Albot checks your details against 50+ specialist BTL lenders to show you what could work for your specific circumstances.
What does the process look like?
Here’s a rough idea of what happens from start to finish.
Tell us about your property
A few quick details about your rental property, current mortgage, and what you’re looking for.
See your BTL options
Albot checks 50+ specialist BTL lenders and shows you what could work for your property and situation.
Speak with a BTL adviser
A qualified adviser reviews your situation, talks through the options, and helps you find a deal that could work for you.
Valuation & underwriting
The lender values your property and reviews the rental income. Many valuations are done remotely these days.
Legal work & completion
Solicitors handle the legal side. Once everything’s complete, your new mortgage starts and any equity release funds are paid out.
BTL remortgage questions
When should I start looking at new BTL deals?
It’s a good idea to start about 3–6 months before your current deal ends. Most mortgage offers are valid for several months, so you can lock in a rate early. That way, you’re covered if rates go up — and you won’t slip onto your lender’s standard variable rate.
How is a BTL mortgage assessed differently?
Buy-to-let lenders focus mainly on the rental income rather than your personal salary. They typically want the rent to cover 125–145% of the mortgage payments. Your personal income still matters for some lenders, but it’s not the primary factor.
Will checking my options affect my credit score?
No. Getting a quote through Albot uses a soft search which doesn’t show up on your credit file and won’t affect your score. A hard search only happens if you decide to go ahead with a full application — and that’s standard for any mortgage.
Can I remortgage if I have 4 or more properties?
Yes. Portfolio landlords (those with 4+ mortgaged properties) face additional checks, but plenty of lenders specialise in this area. You’ll need to provide details of your full portfolio, but the process is well-established. We can help you see what options might work for your situation.
Should I hold my BTL personally or in a limited company?
It depends on your tax situation. Limited company structures (SPVs) are more popular with higher-rate taxpayers because mortgage interest is fully deductible. Personal ownership is simpler but the tax treatment changed in recent years. A qualified adviser can talk you through both options.
Are there fees for remortgaging a BTL?
There may be arrangement fees, valuation fees, and legal costs — but some lenders offer deals with free valuations and legal work. If you’re leaving your current deal early, you might face early repayment charges. We show you all costs upfront so you can see whether remortgaging makes sense.
Curious what BTL deals are out there?
Check over 50 specialist BTL lenders in about 2 minutes. No commitment, and it won’t affect your credit score.
See what’s availableRepresentative Example (Mortgages)
If you borrow £200,000 over 25 years, initially on a fixed rate for 5 years at 5.25% and for the remaining 20 years on the lender’s standard variable rate of 7.99%, you would make 60 monthly payments of £1,199.12 and 240 monthly payments of £1,393.46. The total amount of credit is £200,000. The total amount payable would be £418,263. The overall cost for comparison is 6.8% APR representative.
Buy-to-let mortgages are not regulated by the FCA. Albot is an introducer and technology platform, not a lender and not a mortgage broker. Applications submitted via Albot may be passed to Loan.co.uk Ltd, which provides mortgage advice, carries out suitability assessments, and arranges mortgages with lenders. Loan.co.uk Ltd acts as a mortgage broker, not a lender. Your home may be repossessed if you do not keep up repayments on your mortgage.