Buy to Let Rates | UK Mortgages | NatWest International


Buy to let in the UK

To qualify for a buy-to-let mortgage, you’ll need to have an idea of how much rental income you’ll be able to achieve and you’ll typically need a deposit of at least 25% of the property price.

  • Fixed rate mortgages

  • Variable rate mortgages

Fixed rate mortgages

We offer 2 year or 5 year fixed rate mortgage options for buy to let properties in the UK. Click on the term field for more information about each mortgage product.

Term Initial rate &
end date
Rate thereafter
(variable)
Overall cost
for comparison
Loan to
value
Minimum product
fee
2 year fixed rate 3.20%
30/07/2021
5.00% 4.9% APRC 65% £1,000
2 year fixed rate 3.49%
30/07/2021
5.00% 4.9% APRC 75% £1,000
5 year fixed rate 4.25%
31/07/2024
5.00% 4.9% APRC 65% £1,000
5 year fixed rate 4.55%
31/07/2024
5.00% 5.0% APRC 75% £1,000

Variable rate mortgages

Our 2 year variable rate mortgages track the Bank of England Base Rate. Click on the term field for more information about each mortgage product.

Term Initial rate & end date Tracks the
bank's base rate
Rate thereafter
(variable)
Overall cost for comparison Loan to value Minimum product fee
2 year tracker 3.55%
30/07/2021
+2.80% 5.00% 4.9% APRC 65% £1,000
2 year tracker 3.75%
30/07/2021
+3.00% 5.00% 5.0% APRC 75% £1,000
Representative Example - Fixed Rate

A mortgage of £200,000 payable over 25 years initially on a fixed rate for 2 years at 3.12% and then our variable rate of 4.50% for the remaining 23 years would require 24 monthly payments of £960.38 and 276 payments of £1,099.51. The total amount payable would be £326,513.88 made up of the loan amount of £200,000 plus interest of £126,513.88. A product fee of £1,500, a valuation fee of £255 and a CHAPS fee of £30 are also payable. The overall cost for comparison is 4.4% APRC representative.

All figures provided are for illustrative purpose only. This is not a formal quotation or a commitment to lend. This will be dependant on your financial situation, property value and the size of your deposit or equity.

You must currently own no more than 9 Buy to Let properties and your maximum borrowing amount cannot exceed £3.5 million.

Mortgages are offered by The Royal Bank of Scotland International Limited trading as NatWest International (NatWest International). Mortgages on UK properties may not be available to residents of all countries. Fixed rate mortgages are subject to availability. The Bank reserves the right to withdraw the rates offered without notice.

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

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