Buy-to-Let mortgages
Overview
Finance for buy-to-let properties located in England, Wales and Scotland. Suitable for investment properties only.
- doneRates from 2.89%
- doneLTV up to 80%
- done5 year rates from 3.19%
- doneCompetitive ICR and stress rates
- doneCashback toward legal fees of £750 applied to all 5 Year Fixed products up to 75% LTV for standard properties. See Product Guideopen_in_newfor full detail and terms.
Key features
Choose property type
Choose borrower tier
For borrowers with:
- Defaults: 0 in last 60 months
- CCJs: 0 in last 60 months
- Missed mortgage/secured payments: 0 in last 36 months
- Unsecured arrears: No more than 2 in last 36 months
- Bankruptcy: No history of bankruptcy or IVA
Choose max LTV
Fixed period
2 year
5 year
Initial rate
2.89%
3.19%
3.49%
Product fee
1.00%
1.00%
1.00%
ICR rate
5.00%
5.00%
3.60%
Reversion rate
5.35% (LIBOR + 4.59%)
4.56% (LIBOR + 3.8%)
Min. loan
£50k
Max. loan
£750k
Loan term
7-30 years
Early repayment charge1
(Year 1 / 2 / 3 / etc.)
(Year 1 / 2 / 3 / etc.)
4% / 2%
4% / 4% / 3% / 3% / 2%
1 You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge.
Cashback toward legal fees of £750 applied to all 5 Year Fixed products up to 75% LTV for standard properties. See Product Guide for full detail and terms.Interest coverage ratio and assessment rates
We use the gross RICS confirmed market rental income in ICR calculations.
| Applicant | Single properties | HMOs and MUFBs |
|---|---|---|
| Basic rate taxpayer (20%) | 125% | 130% |
| Limited company & LLP | 125% | 130% |
| Higher rate taxpayer (40%) | 140% | 145% |
| Additional rate taxpayer (45%) | 140% | 145% |
Download our Buy-to-Let lending criteria
Inside you’ll find all you need to know about our Buy-to-Let loans, including rates, fees and criteria.
file_downloadDownload (PDF)Resources
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