Can I Keep My Properties on Separate Portfolio Mortgages?

Yes, you can be a portfolio landlord and keep your properties on separate portfolio mortgages. Deciding between a single portfolio mortgage or separate mortgages for each property depends on your circumstances and investment goals.

What Are the Advantages of a Portfolio Mortgage?

Using a portfolio mortgage can come with a higher interest rate, but if you keep your properties on separate mortgages, you could find it more expensive with lender products fees charged at each remortgage. It can potentially be easier to gear your buy to let properties on this type of mortgage. There are less lenders offering this type of mortgage, and they can come with a higher rate or other restrictions. It is best to get the advice on options from a mortgage advisor.

Buy to Let Portfolio Mortgage Rates

Interest rates for buy-to-let portfolio mortgages can vary based on factors like the size of your portfolio, your credit score, the lender you choose. and the types of properties within your portfolio. Generally, you might find that portfolio mortgage rates are slightly higher than individual buy-to-let mortgages due to the perceived higher risk associated with multiple properties. However, this isn’t always the case, so shopping around and comparing offers from different lenders is essential. To secure the best possible rate, maintain a good credit score, demonstrate a stable rental income, and present a well-maintained property portfolio.