Since earlier this year there has been new affordability tests which apply to buy to let mortgages.

The new tests mean that landlords must be able to demonstrate rental incomes well in excess of their mortgage interest payments. This means landlords buying with a 25% deposit will need to achieve a higher return on their rental to qualify for a buy to let mortgage.

If you are buying your first investment try and raise as much deposit as possible. It may be worth re-mortgaging a residential property to release equity in order to do so.

If you have more than one investment property can you spread your borrowing more evenly and reduce your loan to value.

For impartial advice we recommend speaking to buy-to-let mortgage specialist Tony Kent from Essex Lending Solutions. Tony has access to the whole market and will be able to guide you to the best deals.