First-Time Landlord Mortgages

Thinking of entering the buy-to-let market? Whether you're investing in your first rental property or turning your current home into a let, first-time landlord mortgages are designed to help you get started. At WIS Mortgages, we guide you through the entire process—with no broker fees and access to competitive lender options.

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Key Benefits

Step onto the Property Investment Ladder:

Start building long-term income and equity through property.

Tailored Mortgage Products:

Access deals specifically designed for those with no prior landlord experience.

Rental Income Focused:

Lenders base affordability on expected rental income rather than your salary alone.

Expert, Fee-Free Guidance:

We’ll walk you through requirements, from property choice to mortgage approval.

Flexible Options:

Choose from interest-only or repayment, individual or SPV company structures.

Eligibility Criteria and Requirements.

Who Can Apply?

You may be eligible if you:

Are purchasing your first buy-to-let property in the UK
Have a minimum deposit (typically 20–25%)
Can demonstrate good credit history and stable income
Are a UK resident aged 21 or over
Have a suitable rental yield or forecast

What are the Requirements?

Proof of income (payslips or self-employed accounts)
Property details including expected rental income
Deposit evidence (bank statements or gifted deposit letter)
Photo ID and proof of address
Credit check consent
Bank statements (typically 3–6 months)

Please note: Meeting these criteria does not guarantee mortgage approval. All applications are subject to underwriting and affordability checks by the lender.

Instant Mortgage Quoting

Use the quick and simple quotation system to get a mortgage quote in seconds.

How the Application Process Work?

Applying for a mortgage through our service is straightforward

Book an Appointment

Book an appointment with one of our advisers to discuss your mortgage requirements. Be transparent about your situation so we make the whole journey much smoother for you.

Download MortgagX app

Download MortgagX app, fill in a few key details, select the recommended mortgage product, upload your documents and relax till we get your mortgage sorted.

Completion

Enter your new dream home!

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Processing times vary depending on lender efficiency and individual case complexity.

Important Information And Regulatory Disclosure

Risk Warning

Your property may be repossessed if you do not keep up repayments on your mortgage.

FCA Authorisation

This service is provided by WIS Mortgages, which is authorised and regulated by the Financial Conduct Authority.

Fee & Commission Disclosure

We act as a mortgage intermediary and may receive commission from lenders. A fee may be payable for mortgage advice, which will be disclosed clearly in advance.

Adviser Disclosure

This content is for informational purposes and does not constitute personalised financial advice. Mortgage advice will be provided after assessing your individual circumstances.

Frequently Asked Questions

Find answers to some of the most common questions about mortgages, applications, and our services.

Start by selecting a viable rental property, secure a first-time landlord mortgage, ensure it meets rental standards, and register with a tenancy deposit scheme. We can guide you through each step.

Yes. Many lenders offer first-time landlord mortgages with specific criteria suited for new investors.

Typically 20–25% of the property's value, although some lenders may require more for first-time landlords.

Yes, most lenders expect you to have a stable income in addition to rental income, especially if you're new to letting.

Yes. Most lenders require you to be a UK resident with a UK address and bank account, although some expat options may exist.

Often, yes. Many lenders require a minimum annual income, typically around £25,000, excluding projected rental income.

Not usually. Renting to family may require a regulated buy-to-let mortgage, which has different rules and fewer lender options.

Not necessarily, but using a letting agent can strengthen your application, especially if you're new to property management.

Yes. Most lenders require proof of landlord-specific buildings insurance before they release mortgage funds.

It’s unlikely. HMO mortgages usually require previous landlord experience due to their complexity and risk profile.

Want to Talk it Through?

020 3011 1986 help@wismortgages.co.uk

We will be delighted to speak with you on the phone through our live chat feature now.

*Call us from Monday to Friday (9am to 6.30pm) and Saturday (9.30am - 3pm) We accept applications over the phone