Start with what you want to achieve
Are you buying your first rental property, reviewing an existing mortgage or planning changes to a portfolio? Write that down first, together with any deadline. This checklist helps you organise a conversation; it is not a lender's application checklist or a guarantee of eligibility.
1. Property and ownership
Have the property address, property type and your estimated value or purchase price to hand. Note whether you own it personally, jointly or through a company. Record any planned works and questions about how the property will be used. If you are unsure of a detail, mark it as something to check rather than guessing.
2. Existing mortgage
Find a recent statement and your mortgage offer or product information. Note the lender, outstanding balance, current payment, repayment method and remaining term. For an existing deal, write down its end date and any early repayment charges shown in the documents.
3. Rent and costs
Record the current rent, or the estimate you have received if the property is not yet let. Identify the source of any estimate. Make a separate list of regular property expenses and planned works. Include questions about how you would cover costs during an empty period or an unexpected repair.
4. Plans and questions
- Do you expect to sell, refurbish or change ownership?
- What monthly payment would fit your budget?
- Which fees and charges should be included when comparing options?
- What supporting documents would an application need?
- Which questions require separate tax or legal advice?
Arrange the first conversation
You do not need to put mortgage statements, bank details or tenant information into our callback form. Use it to request contact and ask the adviser how to provide any supporting documents securely when needed.
Read about our buy-to-let mortgage service or request a landlord callback. Having a checklist ready helps you explain your situation; the available options depend on an assessment of your circumstances and lender criteria.
Your property may be repossessed if you do not keep up repayments on your mortgage.