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samtheman

Buy-To-Let Based On Income (For Ftb)

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I'm looking to purchase a flat which is currently tenanted.
Despite being an FTB, due to my personal circumstances and the fact that I have a rental agreement that I have only just started, I'm considering a BTL mortgage for now.
I have a sufficient deposit to cover 25-35% of the purchase but even then, rental yields do not look that great and so am not sure I will meet the 125% of mortgage payments rule that most lenders impose for rental income.

How many lenders offer BTL mortgages based on the salary of the applicant?
Do these lenders consider buyers who do not own any property?

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