Buy to Let Mortgages in Havering
Yields clear most stress tests, so the work is in product selection. Whole-of-market buy to let advice for Havering landlords — personal name, limited company, portfolio and HMO lending.
5.0%
Average gross yield
£400k
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 Havering 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
Havering's housing market in 2026
The average property in Havering sold for £465,580 over the past year, down 2% on the year before and broadly level with the borough's 2022 peak of £461,732. Semi-detached homes were the most commonly sold property type at £536,026 on average, with terraced houses near Romford averaging £448,577 and flats at £258,202.
Havering's house-dominated market around Hornchurch and Upminster means most local mortgages, and the life cover that should sit alongside them, are sized closer to a family semi than a starter flat, even for relatively new buyers in the borough.
Source: Source: HM Land Registry price-paid data, via Rightmove House Prices, period to 31 March 2026 (last updated 15 May 2026).
Landlord areas we cover in Havering
What our clients say
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!
Excellent service all round. My property is not a straightforward one when it comes to having a mortgage, but Roger goes above and beyond, supporting me all the way and removing the stress.
Buy to let in Havering: common questions
What rental yield can I expect in Havering?
Average gross yield across Havering is around 5.0%, with entry prices from about £400k. Yields vary meaningfully within the borough — Romford and Upminster 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 Havering?
Most buy to let lenders want at least 25%. On Havering's £400k entry price that is roughly £100,000, 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 Havering?
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 Havering?
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 Havering 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.