Buying to let

 

 

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Whether you're starting or expanding your property portfolio, we're here to help you get the right mortgage deal with our range of buy-to-let mortgage products.

We currently only offer fixed rate mortgages. Variable rate mortgages, which include tracker mortgages are not available.

Find and compare mortgages.

How much could you borrow?

To get an idea of how much you could borrow, use our borrowing calculator. For most of our buy-to-let mortgages you can borrow up to a maximum of 75% of the property’s value. If you’re buying a new-build property, you can borrow up to 65% of the property’s value.

The lending amount is based solely on the expected rental income, but certain conditions will apply

Try our borrowing calculator

How much will it cost?
To see how much your monthly payments could be, use our payments calculator

Mortgage product fees
Usually there’s a choice of mortgages with different product fees. Generally you’ll get a lower mortgage rate in return for a higher fee, or no fee with a higher rate. The fee will be added to the mortgage, and you can choose to pay it off or leave it on to spread the cost.

Are you eligible?

The amount you can borrow will come down to what we think is a sensible amount to lend you and what you think you can afford. To help us make a decision.

You could apply for a buy-to-let mortgage if:

  • You’re at least 18 years old and you won’t be over 75 years old at the end of your mortgage term
  • This isn’t your first mortgage
  • The property is in good condition and not divided into separate units
  • You can take out a maximum of three Buy-to-Let mortgages or borrow up to £2 million across the Retail Division of Lloyds Banking Group*
  • Your property is being used for rental purposes
  • You meet all of the standard criteria for a mortgage


* This includes the following brands: Birmingham Midshires, Halifax, Bank of Scotland, Intelligent Finance, Lloyds Bank, The Mortgage Business (TMB) and Scottish Widows Bank.

Borrowing limits for Buy-to-Let mortgages


If you meet the Buy-to-Let lending criteria, the amount you could borrow is based on the expected rental income from the property. We’ll need to be satisfied that this will cover the ongoing mortgage payments. To find out more, please call us on 0800 783 3534 or visit your local branch.

See what your monthly payments could be and compare mortgages

Payments calculatorUse our payments calculator to see how much you might pay

Ways to apply

You’ll need the following details:

  • Income details.
  • Bank account details. 
  • Any existing mortgage details. 
  • Address details for the last 3 years. 
  • Any outstanding financial commitments.

    Make a start online

    Save time by completing our online form, it should take about 20mins to compete and then we’ll call you back to take you through your application.

      Visit us in branch

      Call us on 0800 783 3534

      To talk to an expert, and apply over the phone.

      Lines are open from 8am-8pm Monday to Friday and 9am-2pm on Saturdays. We’re closed on Sunday and Bank Holidays.

        YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE