Buy to Let Mortgage (BTL) Loans

If you are planning to invest in a Buy to Let property in England & Wales to earn income by renting it out, we may be able to consider assisting with the finance. Loans are available for individual and corporate borrowers.

  • The BTL facility is available for the purchase or refinance of residential or mixed use residential/commercial property in England or Wales for investment purposes (BTL).
  • All loans must be for business purposes. Residential investment mortgages where the use is predominantly for business purposes are not regulated by the Financial Conduct Authority.
  • Repayment and Maximum Period; Interest and principal are to be repaid over a maximum period of 20 years; interest only loans are limited to a maximum period of 5 years.
  • Early Settlement is allowed subject to a penalty charge.
  • Facility Amount: a maximum of 70% of the purchase price or valuation whichever is lower. For new builds the loan to value must not exceed 50% of the purchase price.

Your property may be repossessed if you do not keep up repayments on your mortgage.

* The maximum amount available is limited to 70% of the purchase price or value of the property whichever is lower. The maximum amount and the repayment period are calculated based on the rental income of the property.

All the above are subject to the Bank’s standard terms and conditions.

For more information please contact us

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