Buy to Let Mortgages in Croydon
Yields clear most stress tests, so the work is in product selection. Whole-of-market buy to let advice for Croydon landlords — personal name, limited company, portfolio and HMO lending.
5.2%
Average gross yield
£390k
Typical entry price
90+
Lenders compared
What type of mortgage do you need?
Select the option that best describes your property financing requirement. Our brokers specialise in complex London and international structures.
"Our goal is to understand your unique situation. Select a category and we'll match you with the right product and lender."
— Roger Cooper, Senior Mortgage Adviser
What actually decides a Croydon buy to let application
Rental cover is rarely the obstacle at these yields. The value is in the details — lender appetite for the property type, HMO and multi-unit treatment, and portfolio rules once you hold four or more mortgaged properties.
How we approach it
- →Portfolio landlord criteria, which tighten considerably at four or more properties
- →HMO and multi-unit freehold block lending, where rates and criteria differ sharply
- →Limited company borrowing, which most landlords buying for income now use
- →Lenders comfortable with ex-local-authority and non-standard construction stock
Croydon's housing market in 2026
The average property in Croydon sold for £406,747 over the past year, up 1% on the year before and 2% below the borough's 2022 peak of £413,932. Terraced houses were the most commonly sold property type at £424,602 on average, with semi-detached homes near Purley averaging £494,151 and flats in Croydon Town and South Norwood at £255,237.
Croydon's entry-level flat prices make it one of London's more accessible boroughs for first-time buyers, and because the mortgage, and the life cover needed to protect it, is correspondingly smaller, it's often more affordable to get properly covered here than buyers assume.
Source: Source: HM Land Registry price-paid data, via Rightmove House Prices, period to 27 February 2026 (last updated 9 April 2026).
Landlord areas we cover in Croydon
What our clients say
Roger has been great to work with over the last few years, I got my first mortgage with him and have used him for our remortgages since. He was always quick to respond and explained everything clearly.
Roger assisted me in purchasing my first home during lockdown. He was helpful and provided great guidance during this process, especially as a first time buyer. I have since used him to remortgage too. Would recommend his services.
Excellent service from start to finish! Roger was knowledgeable, patient, and always available to answer my questions. He made the mortgage process smooth and stress-free — I highly recommend!
Buy to let in Croydon: common questions
What rental yield can I expect in Croydon?
Average gross yield across Croydon is around 5.2%, with entry prices from about £390k. Yields vary meaningfully within the borough — Croydon Town and South Norwood will not price the same way. Gross yield ignores voids, management, maintenance and finance costs, so treat it as a starting comparison rather than a return.
How much deposit do I need for a buy to let in Croydon?
Most buy to let lenders want at least 25%. On Croydon's £390k entry price that is roughly £97,500, plus stamp duty at the higher additional-property rates and purchase costs. Some lenders go to 80% loan-to-value, though rates are higher and the rental cover test becomes harder to satisfy.
Should I buy through a limited company in Croydon?
It depends on your tax position rather than the borough. Higher-rate taxpayers often find a limited company more efficient, because mortgage interest is a deductible business expense rather than attracting the restricted relief that applies to personally-held property. Company products usually carry higher rates and fees, so the comparison has to be run on your actual numbers. We are not tax advisers — we will model the mortgage side and recommend you take accountancy advice on the rest.
Will the rent cover the mortgage in Croydon?
Rental cover is rarely the obstacle at these yields. The value is in the details — lender appetite for the property type, HMO and multi-unit treatment, and portfolio rules once you hold four or more mortgaged properties.
Buy to let advice for Croydon landlords
Whole of market, FCA regulated, no upfront fees. We will tell you honestly whether the numbers work before you commit to anything.
Get a free initial consultation →Your property may be repossessed if you do not keep up repayments on your mortgage. Most buy to let mortgages are not regulated by the Financial Conduct Authority. The figures on this page are local averages shown for comparison and are not a quotation, projection or recommendation.