Buy to Let Mortgages

Overview

Our range of buy to let mortgages offers landlords a variety of solutions, whatever their situation. We can help portfolio landlords, limited companies, those looking at HMOs, and even first time buyer and first time landlords.

Find out how we can support your customers here with furlough payments, bounce back loans and CBILS by searching for 'furlough'.

Making it easier

Click here to view our Buy to Let Mortgage submission guide. This document has been designed to help provide a smooth application process for you and your customer.

Highlights and features

  • Rental cover - ICR: based on individual circumstances
  • Rental cover - Assessment rate:
    • Higher of pay rate + 2%, or revert rate (minimum 5.50%) for shorter term fixed and tracker products
    • Pay rate for 5 year + fixed rates (additional underwriting may be required)
  • 5 year fixed rate products that help maximise the loan size available
  • Maximum term of 35 years
  • Maximum age at application 80 years
  • 2 and 5 year fixed rate products

Click here to see more information about our Limited Companies and Houses in Multiple Occupation (HMO) range.

Who is this range for?

  • landlords with high quality properties with a low rental yield
  • experienced or retired landlords looking to extend their portfolio
  • self-employed landlords with 1 year’s accounts
  • landlords looking to purchase a new build property
  • first time landlords
  • first time buyer landlords
  • consumer buy to let

Portfolios without the heavy lifting?

If you have a landlord who has 4 or more properties click here to visit our dedicated portfolio page.

Packager Panel

Let our Packager Panel do the work for you.

You can submit a residential or buy to let mortgage to us direct or alternatively you can introduce a case to one of our packagers.

Contact one of our packagers direct today.

Bank of England Base Rate (BBR) Trackers and the Reversion Rate

BBR Trackers and reversion rates are variable rates that are linked to the Bank of England base rate. For new applications, any change to BBR will apply on our systems and documentation the next day. For existing accounts, any change to BBR will apply on the day of the change.

All of our BBR tracker products have a floor. This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00% plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.

For intermediary use only
BBR 0.10%