Buy to Let Mortgages
Our Buy to Let mortgage range is specially designed for first time and existing landlords throughout England and Wales who wish to purchase property to rent out under Assured Shorthold Tenancy agreements.
Buy to Let Mortgage Features:
- Individually underwritten with no credit scoring
- Up to 70% loan to value
- Available to employed, self employed and retired applicants with a minimum income of £20,000
- Available for purchase and remortgage
Eligibility and Fees:
- All landlords must be an existing owner occupier at the time of application
- Based on a rental calculation of 130% of interest only payment based on product pay rate or the standard variable rate whichever is higher
- £199 application fee
- £999 completion fee for Discounted Variable Rate products
- A completion fee of 2% of the advance for our Fixed Rate product
Buy to Let
products are not regulated by the FCA.