There is not much difference between a Buy-to-Let mortgage and a standard mortgage for normal home buyers - both are subject to the usual status checks. As a guide a 'Buy to Let' mortgage can be repaid over a period between 5 and 45 years and may be for up to 70% of the property value.

Using a'Buy-to-Let' scheme, may enable the rental income you get for the property can be taken into account. Generally, lenders will expect landlords to use a letting agent to manage the property and for a contract to be drawn up.

You should also take into account the additional costs involved. Letting agents commission, insurance premiums for building and contents cover as well as rental and legal expenses, the costs of keeping the property in a good condition and any condominium charges if applicable. You will be able to make taxable deductions against the rental income for the costs such as insurance, cleaning, gardening, managing agent's commission and other reasonable expenses.

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Your home is at risk if you do not keep up repayments on a mortgage secured on it. All loans are subject to status. Written quotations are available directly from the lender on request.