Buy-to-Let Mortgage FAQs
The information is intended to give you an idea of your eligibility for our standard Buy-to-Let mortgages. Meeting the below criteria is not a guarantee of acceptance, your application will also be subject to additional underwriting criteria, credit checks and assessment of a suitable property.
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Step 1: Make an Enquiry
The first step to getting a Buy-to-Let mortgage is submitting our enquiry form.
Step 2: We’ll Call You
After submitting your enquiry, you can usually expect to hear from us within 2 working days.
During this initial phone call we will discuss your requirements and set up an appointment with one of our Mortgage Advisers. Our Mortgage Advisers are available for telephone or branch appointments, with evening and weekend appointments available.
Step 3: Your Mortgage Appointment
During your appointment, your Mortgage Adviser will provide you with information on the products available and answer your questions on a non-advised basis. If you wish to proceed, they will help you submit your application.
Start the process today by making an enquiry:
Please see our Intermediaries website for details of how to submit a Buy-to-Let mortgage application to us:
This depends on several factors, such as:
Buy-to-Let Mortgage Calculator
For a rough idea of how much you might be able to borrow based on rental coverage, simply put the monthly rental income into our Buy-to-Let Mortgage Calculator:
This depends on the Loan to Value (LTV) of the mortgage.
Our Buy-to-Let mortgages are available up to 75% LTV, so you will need a deposit of at least 25% of the property value.
Our Buy-to-Let mortgages are investment type property loans, which means they are not regulated by the Financial Conduct Authority.
Because they are unregulated, we sell our Buy-to-Let mortgages on a non-advised basis.
This means that, unlike our residential mortgages, you will not receive a recommendation on the suitability of your mortgage based on your individual needs and circumstances.
Although we cannot provide advice, our Mortgage Advisers will be happy to take you through our product range and explain our application process in detail.
We will provide you with information to make your own decision on which Buy-to-Let product is right for you.
Our Buy-to-Let Mortgage Rates
These rates are for individual landlord(s) looking to mortgage up to 3 properties.
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Mixed Repayment / Interest Only Available
All our mortgages move onto our Standard Variable Rate after the initial rate period. Our Standard Variable Rate is currently 4.74%. If our Standard Variable Rate changes, your monthly repayments could go up or down.
Loans available to persons aged 21 or over and are subject to status and valuation of a suitable property, over which security will be required. All lending will be subject to appraisal of the financial standing of the applicants.
Most Buy-to-Let Mortgages (investment type property loans) are not regulated by the Financial Conduct Authority.