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Monday - Friday 9.00am - 5.00pm

Coronavirus: important information

0330 123 1073

Mon - Thu 9am - 5pm
Fri 9am - 5pm
Sat 9am - 1pm

Buy to Let

We have temporarily restricted our lending criteria and withdrawn a number of our mortgage products, including those for buy to let. For the latest updates and essential information during the COVID-19 pandemic read our FAQs.

More options for your landlord clients.

We can help with purchases and remortgages for properties being let out to tenants, for clients with small portfolios rather than commercial investors. Our discount rate products offer topslicing, so for cases not meeting rental cover requirements we're able to use personal income to make up the shortfall. Whilst we won't lend on BTL to first time buyers we will consider applicant who have previously held a mortgage.

We require 145% rental cover when calculating affordability. For transitional cases, we use 125%.

We require a valid Energy Performance Certificate (EPC) confirming that the property meets the minimum required standards for energy efficiency (rated E or above).

Take a look at our lending criteria for more details.

Key features of our buy to let mortgages

  • Top slicing available on discount-rate products
  • Transitional cases calculated on 125% rental cover
  • Maximum term 30 years
  • Loans from £75k up to £500k
  • Non owner occupiers acceptable
  • No more than three properties in the portfolio (including the one being applied for)