Is there a buy to let mortgage age limit?

There are several criteria commonly used by lenders when considering an application for a buy to let (BTL) mortgage. Although how these criteria are applied might vary from time to time and from one mortgage lender to another, the following are typical factors:

you need to be interested in investing in residential property; you understand and accept the risks of such investments; your financial circumstances mean you can afford to take those risks; you have a sound credit record – and, preferably, own your own home; and until very recently, at least, you have to have been no older than 70 to 75 years of age when the mortgage came to its full term. So, for example,  a 25-year buy to let mortgage taken out by someone as young as 45 would not end until they reached the age of 70. Is there still a BTL mortgage age limit?

In recent years, mortgage lenders generally seem to have adopted a far more relaxed attitude towards those upper age limits. Read more

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