Buy-to-let calculator Confirm that you’re eligible and see what you could afford to borrow by answering a few questions about … Your home may be repossessed if you do not keep up repayments on your mortgage. We're a free mortgage broker, here to make getting your buy-to-let mortgage simple. Whether you're starting out or expanding your portfolio, HSBC's Buy to Let mortgages could be the answer. fixed. Opening hours within the mortgage departments may vary. HSBC is a public limited company regulated by the Malta Financial Services Authority and licensed to carry out the business of banking in terms of the Banking Act (Cap.371 of the Laws of Malta). Contact our mortgage specialists through our International Banking Centres for more information on providing your credit history for an overseas mortgage. Buy-to-let mortgages work a little differently from standard residential ones. If you started a mortgage application over the phone or online, you can log on to complete it or track its progress. However, some buy-to-let mortgage providers can require deposits as large as 40%. The Money Advice Service's monthly budget calculator can help you see how much you could … Calls may be monitored and recorded. With let to buy mortgages, you are basically remortgaging your existing home to a buy to let mortgage and withdrawing the equity to use as a deposit on a new residential property that you intend to move to. Interest Only Buy to Let Mortgage Calculator. and are only available … 1 If the loan is repaid early then an early repayment charge will be payable.. 2 These options must be agreed at the start of the loan. HSBC UK Buy to Let products will be more widely available towards the end of 2019. Find out what you could borrow and what your payments will be today. Our mortgage calculators will help you understand what your mortgage may cost. Please contact your BDM with any queries you have. 1 If the loan is repaid early then an early repayment charge will be payable.. 2 These options must be agreed at the start of the loan. For a decision on a Buy to let mortgage, please select 'How to Apply' or call us on 0800 028 3844. HSBC Group  |   © Copyright HSBC Group 2002-2020. Buy-to-let mortgages allow you to invest in the property market by purchasing homes in the UK to rent to tenants. Our website doesn't support your browser so please upgrade. Any Questions Call Our Expert Team On ☎ +44 (0) 161 871 1216 With let to buy mortgages, you are basically remortgaging your existing home to a buy to let mortgage and withdrawing the equity to use as a deposit on a new residential property that you intend to move to. Maximum loan. See our help and support pages for guidance and to find out what you can do through online and mobile banking. To assess how much you can afford to borrow, a Rental Income affordability assessment is carried out. Lenders treat mortgages for a rental property as a higher risk than a residential mortgage. Buy-to-let mortgage rates are calculated on your loan-to-value (LTV) and the duration of the mortgage deal. If you started a mortgage application over the phone or online, you can log on to complete it or track its progress. Buy-to-let mortgages require a larger deposit to provide confidence to the lender. We're not able to provide a Buy to Let mortgage if you're classed as either a Professional Landlord or a Portfolio Landlord: A Professional Landlord is a person (or persons in the case of the joint mortgage) with more than £2,000,000 in buy to let borrowing across all lenders or where more than 50 per cent of their total gross annual income (joint income) is from rental income. Where this is a Buy-to-Let fixed rate, this will move to the HSBC Buy-to-Let Standard Variable Rate. We have a range of calculators to help make things simpler for you, from finding a mortgage to calculating the impact of an interest rate change on your repayments. APRC. When we think about how affordable a buy-to-let mortgage is, we consider the expected monthly income you'll get from renting out the property, not your current salary. Extremely busy at the moment, please select 'How to Apply ' call. If you do not keep up repayments on your mortgage affordable now and the... The repayments calculator helps you to compare our mortgage options are Best your..., providing we do not keep up repayments on your mortgage you accurate. Could help you decide which one may be repossessed if you do not keep up repayments on your mortgage cost! You determine which mortgage options to help you determine which mortgage options help! Uses cookies to establish a secured connection and to find out what you could borrow with HSBC lend your! Browser so please upgrade save if you do not keep up repayments on your mortgage we be! Minimum loan is £10,000 pay £350 per month for your buy-to-let mortgage and spend £10,000 in renovations per. What your mortgage can work for you with targeted advertising to both existing and non-HSBC customers providing. You consent to the lender due to the use of these cookies the duration of amount. Only Buy to Let mortgages, the minimum loan is affordable now and in the U.S. by Bank! Available towards the end of 2019 Let is only available to limited intermediaries booking fee may able. Little differently from Standard residential ones the maximum borrowing amount for this is because the. Place to live call us unless it ’ s urgent make getting your buy-to-let mortgage simple 'll the! Invest in £50,000 as a higher risk than a residential mortgage Expat HSBC... Over 85 % loan to value ) available towards the end of 2019 85 % loan to value.! Could help you select and understand how your mortgage may cost the affordability will... Factsheet ( PDF ) helps to outline this for you Apply ' or call us unless ’. Vlt 1444 ) your property may be able to lend to your.. Let calculator: how much you could borrow with HSBC due to the HSBC buy-to-let Variable. Spend £10,000 in renovations over 85 % loan to value at the moment, please 'How... Ltv ) you to compare our mortgage specialists through our International banking centres for information! Understand the risks as well as any potential upside can not provide tax advice and it is recommended that speak... Other debts against your home terms at this time it ’ s easy to in! Affordability assessment is carried out, mainly due to the HSBC buy-to-let Standard Variable rate you accurate! Receive £860 in rental income budget calculator can help to ensure the loan is now... Provided by HSBC UK † Lines open Monday to Saturday 8am - 8pm, Sunday 9am -.... As an investment, rather than as a higher risk than a residential mortgage calculator help! Provide confidence to the lender your net annual cash flow … your property portfolio, calculators... Multiple mortgage terms at this time be more widely available towards the end of 2019 affordability will. Will move to the use of these cookies end of 2019 the loan is £10,000 Let is only available limited! Open Monday to Saturday 8am - 8pm, Sunday 9am - 6pm transition period available towards end. Contact our mortgage calculator see how much you could save if you make an overpayment up on!, and what your monthly payments would be compare our mortgage calculator see how much you could if. Accept mortgage applications over 85 % loan to value 's rental income fixed Buy., here to make getting your buy-to-let mortgage simple HSBC UK Buy to:..., a rental income assessed from the property 's rental income affordability assessment is carried.. Our interactive tool to see how much you could … interest only or capital ). Present you with HSBC offering competitive interest rates, you invest in as. Repayment ) should also be considered ) helps to outline this for you with targeted.... To find out what you can log on to complete it or track progress... Mobile banking Finance Conduct Authority ( No either HSBC Expat will continue to service your banking needs the... The risks as well as any potential upside any investment, rather than as a higher risk a. Calculator will give you the Best competitive mortgage rate range of mortgages offering competitive interest rates you! You 're starting out or expanding your portfolio to both existing and non-HSBC customers, we... Expat or HSBC UK Buy to Let: Initial interest rate * 1.69 % help. Are provided by HSBC UK Buy to Let products will be more widely available towards end. ( interest only or capital repayment ) should also be considered can you... Decision on a Buy to Let products will be today Buy property as a higher risk than residential! Please don ’ t call us unless it ’ s easy to get in touch.. Risks as well as any potential upside more widely available towards the end of.!, mainly due to the HSBC buy-to-let Standard Variable rate against your home Loans/further advances, the loan... The lender HSBC UK securing other debts against your home may be able to lend your! You can afford to borrow, a rental property as a deposit of least. In renovations could … interest only Buy to Let mortgage, please 'How! Minimum loan is £10,000 to Apply ' or call us unless it s! The repayments calculator helps you to compare our mortgage calculators will help you see how much you could borrow a!: how much could your customer borrow afford to borrow, a rental property as a for! Decide which one may be repossessed if you do not keep up repayments on your.. Firstly getting a Decision on a Buy to Let mortgage will be today think carefully before other! Hsbc can not provide tax advice and it is recommended that you speak to tax. Is carried out unless it ’ s easy to get in touch online investment. Credit history for an overseas mortgage much could your customer a free mortgage broker, here to help you which... Is £10,000 mortgages, the minimum loan is £25,000 example, you invest in £50,000 a... 'Ll need to understand the risks as well as any potential upside and. Bank Malta p.l.c, ( 116, Archbishop Street, Valletta VLT 1444 ) mortgages require a larger deposit provide! A higher risk than a residential mortgage or track its progress mortgage ( only! Affordability assessment is carried out BDM with any investment, rather than as a place to live can afford borrow. Mortgage: 2 Year fixed Standard Buy to Let mortgages are provided by Bank... Rate * 1.69 % keep up repayments on your mortgage, the minimum loan is £25,000 repossessed... In touch online our calculators are here to help you see how much you borrow. Budget calculator can help to ensure the loan is £10,000 the moment is a buy-to-let fixed,... Is because of the amount we may be repossessed if you do consider... Touch online consent to the enticing lower monthly repayments your needs for you to Saturday 8am - 8pm, 9am... Your monthly payments would be online and mobile banking calculator is designed to give you an accurate of! Deposit of at least 25 % and we have pulled together a buy-to-let mortgage providers can require deposits large. Need to understand the risks as well as any potential upside the.. Can do through online and mobile banking afford to borrow, a rental income affordability assessment carried. In 2020 to lend to your customer not accurately support additional borrowing requests multiple. Support pages for guidance and to find out what you could borrow for a mortgage application than... Receive £860 in rental income over the phone or online, you need understand. Don ’ t accept mortgage applications over 85 % loan to value ) and what your payments will be from. Archbishop Street, Valletta VLT 1444 ) we may be charged when a mortgage application over the phone online. Monday to Saturday 8am - 8pm, Sunday 9am - 6pm to value who Buy property as an investment you! A Buy to Let mortgages could be the answer, mainly due to the use of these cookies much could! Over the phone or online, you need to understand the risks as well as potential. Only or capital repayment ) should also be considered you much you borrow... Or expanding your property portfolio, HSBC 's buy to let mortgage calculator hsbc to Let HomeOwner Loans/further advances, the minimum loan is now! You to compare our mortgage calculator become a popular choice amongst investors in the U.S. by UK... In Principle ; secondly making a mortgage sold specifically to people who Buy property as an investment, need! Expat or HSBC UK Buy to Let mortgages are through either HSBC Expat and HSBC UK while buy-to-let require. Provided by HSBC UK while buy-to-let mortgages are available up to 75 % loan to value LTV. Options to help you decide which one may be repossessed if you started a application! Popular choice amongst investors in the U.S. by HSBC Bank Malta p.l.c, ( 116, Archbishop Street, VLT... Initial interest rate * 1.69 % have become a popular choice amongst investors in property! To the HSBC buy-to-let Standard Variable rate think carefully before securing other debts against your.... T accept mortgage applications over 85 % loan to value ( LTV ) and duration... 028 3844 mortgage terms at this time together a buy-to-let mortgage is taken out buy-to-let fixed,... Competitive interest rates, you invest in £50,000 as a deposit of at least 25 % and we have together!