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Thanks to a moribund residential mortgage market, many more people have decided to rent in the UK and for many landlords that has meant the chance the up rents and cash in on the current private rented sector boom.

If you are a buy-to-let landlord who has seen the opportunity, you may now earn extra money each month. That's great – a good property investment should move with the market, but have you considered the affect on your buy-to-let mortgage?

You may have not thought about your loan for a while – you may have taken out a cheap rate some years ago and have since moved onto your lender's standard variable rate without noticing. SVRs are low right now thanks to the 0.5% base rate, and many people who have both buy-to-let loans and residential mortgages have been happy to stick with them. But could you get hold of a better mortgage now you have a better rental yield?

Because buy-to-let mortgages are all about rental yield – the bigger the yield, the better the loan. So if you have increased the yield on your property by a few percentage points then you may be in line for a cheaper rate.

Talk to a buy-to-let mortgage specialist about your mortgage. You may find you could get a cheaper loan which means even more rental profits over the long term – all it takes is one quick phone call.

To keep up with the latest News and comment on the UK buy to let market visit the Buy to Let Mortgage Blog