intermediary only

Buy-to-Let

Finance for buy-to-let properties located in England, Wales and Scotland. Suitable for investment properties only.

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
5.38% (LIBOR + 4.59%)
4.59% (LIBOR + 3.8%)
Min. loan
£50k
Max. loan
£750k
Loan term
7-30 years
Early repayment charge1
(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.

ApplicantSingle propertiesHMOs and MUFBs
Basic rate taxpayer (20%)125%130%
Limited company & LLP125%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)

Apply now

Register on our online portal to generate a quick decision in principle and submit an application.

Master the basics

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