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Be the owner, buy to let

Buy to let mortgages

To apply you must be 18+ and resident in the Channel Islands, Isle of Man or Gibraltar.
Your property may be repossessed if you do not keep up repayments on your mortgage.

Step 1: Get an Agreement in Principle

  • Get a personalised indication of how much you could borrow in less than 10 minutes.
  • It won't impact your credit score.

Important: Check your property meets our requirements

Find out what we could offer you

Step 2: Ready to apply for your new mortgage?

  • If you've completed Step 1 and now have an Agreement in Principle, apply online today or contact us if you'd like support.
  • Save progress and come back whenever you like.

Important: If you're paid in a foreign currency or you're a landlord who owns 3 properties or more with a mortgage, you must apply through a mortgage broker.

Apply online today

Buy to let mortgages explained

If you’re a landlord, or looking into being a landlord, and you want to buy a property to rent it out then a buy to let (BTL) mortgage is for you.

Applying for this type of mortgage is a similar process to a residential mortgage application.

The buy to let process

1. Are you eligible and can you afford it?

We work out the amount you can borrow based on how much rent the property can achieve against the cost of the mortgage. These are our terms:

  • A minimum deposit amount that you can confirm using our mortgage calculator
  • The property to be worth at least £150,000
  • Your borrowing to be less than £3.5 million
  • The maximum number of buy to let / investment properties a customer can own, whether mortgaged or unencumbered, is 10 properties.

Important: If you are paid in a foreign currency, you must apply through a mortgage broker.

2. What are your responsibilities as a potential landlord?

You will need to understand technical terms as owners of the property like contracts for tenants, deposit protection and certificates for gas and electricity. These are all required terms to comprehend as landlords and will vary from the Channel Islands, to the Isle of Man and Gibraltar.

Important: If you are a landlord who owns 3 properties or more with a mortgage, you must apply through a mortgage broker.

Buy to let mortgage options

We have a range of buy to let mortgages that allow you to choose between paying off either capital and interest, or interest only. These options also include either fixed rate or tracker mortgages, with a variety of different terms and interest rates.

For properties in the Channel Islands, Isle of Man or Gibraltar.

Use our mortgage calculator Open in new window