Buy-To-Let Mortgages

For individuals with fewer than 4 properties
Telephone appointments
You can book a telephone appointment with one of our mortgage advisors. We are unable to accept face-to-face appointments in branch at this time, however you can book a call online.
Book a telephone appointment
Personal, Flexible Service
Our dedicated team will give you the service you deserve

We will work with you to understand your circumstances and find the best solution

Sector Experts
Providers of buy-to-let mortgages for over 25 years

We specialise in lending to the buy-to-let sectors

Benefits of Mutuality
We have no shareholders to satisfy

So you get great value products and services

Up to 75% of property value

Some regional restrictions may apply

£50,000 minimum property value
£150,000 outside of our operating area
£30,000 minimum mortgage
£75,000 outside our operating area
Your mortgage is secured on your property. Think carefully before securing other debts against your property. Your property may be repossessed if you do not keep up repayments on your mortgage.

Our Buy-to-Let criteria

  • Properties can be freehold, or leasehold with minimum 85 years of the lease unexpired at the start of the mortgage, and minimum 50 years unexpired at the end of the mortgage term
  • You must own your own residential property (mortgaged or owned outright)
  • Annual earned income for all applicants combined must exceed £25,000
  • Maximum mortgage term 30 years
  • For product terms of less than 5 years the annual rental income should be a minimum of 145% of the annual mortgage interest calculated using the rate of 5.5% or product rate + 2%, whichever is the highest.
  • For product terms of 5 years or more the annual rental income should be a minimum of 145% of the annual mortgage interest calculated using the rate of 4.5% or product rate + 1%, whichever is the highest.
  • You must have cash savings or other assets to cover a minimum of 3 months mortgage payments
  • You must also have a tenancy agreement in place; Assured Shorthold Tenancy for England and Wales or a Private Residential Tenancy in Scotland (this must be for a maximum of 6 months)
  • Your property must have an Energy Performance Certificate rating of E or higher or a suitable exemption for properties in England and Wales

NOT ELIGIBLE

  • Flats/apartments in a block exceeding more than 6 storeys and /or located above commercial premises