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.

If your landlord customer is looking for a holiday let mortgage our sister company InterBay Commercial could help. To find out more, visit InterBay.co.uk.

Limited edition buy to let with lower rates and £0 product fees? You’ve got it.

We’re excited to launch NEW Winter Warmers limited edition buy to let products with options for personal ownership, limited company, HMO and limited company HMO.

Reduced rates and fees and options with £0 product fee, refunded valuation and £500 cashback which could be ideal for remortgages.

Top slicing

Top slicing now available across our entire Buy to Let product range including limited company, personal tax structures and portfolio landlords.

Top slicing allows landlord to:

  • Choose from a wider choice of products
  • Achieve greater flexibility around loan size
  • Optimise their investment opportunity
  • Demonstrate they can meet financial stresses using surplus portfolio income and/or earned disposable income

To find out more view our online criteria guide or download our Guide to Top Slicing.

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 of our buy to let range

  • 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 our buy to let 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 (top slicing is not available to first time buyers)
  • 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.

Holiday let mortgages

If your landlord customer is looking for a holiday let mortgage our sister company InterBay Commercial could help. To find out more, visit InterBay.co.uk to speak with a member of their sales team.

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.

The products and/or services featured above are not regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

For intermediary use only
BBR 0.10%