Residential buy to let mortgage

Apply for a residential buy to let mortgage online or by telephone

You can choose either an interest only or repayment mortgage – whichever suits your needs.

• Mortgages start from £25,000.
• You can choose a mortgage term from 3 to 25 years.
• Choose from capital repayment or interest only for the term of the mortgage. If you opt for interest only you will need to pay the full capital amount at the end of the mortgage term.
• You can have as many properties as you like; your rental income just needs to be 25 percent more than your repayments for repayment mortgages or 30 percent more if you opt for the interest only option.
• We can lend up to 70% of the value of the property, and in some cases more.
• Base rate linked and fixed rates are available.
• For a base rate linked mortgage you can apply for flexible capital repayment holidays of up to two years (to be taken in blocks of three months).
• If you choose a fixed rate, your repayments will remain the same even if base rate rises or falls. 
• If you repay part or all of your fixed rate mortgage before the end of the agreed term they may be an early repayment charge. There is no early repayment charge for base rate linked loans.
• If you wish to borrow on other terms we may still be able to help you.

Tell us about your plans and needs, and we will then agree the interest rate with you. An arrangement fee, security and valuation charges will apply. We will require a first legal charge over the property as security. This means if you are remortgaging an existing property, any loan secured on it must normally be repaid before completion.

Any property given as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it. All loans are subject to status and we will need your permission to carry out a credit check on you and your business. You should not apply for an amount that you cannot comfortably afford to repay.