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Buy to Let Mortgages

If you want to borrow money to buy a house to rent out, you'll need a Buy to Let mortgage.

We've got a wide range of options to choose from, including Fixed Rate products. These are available for house purchases or for customers remortgaging from another lender.

With our Fixed Rate mortgages, your repayments will stay the same during the fixed term period, helping you to plan ahead.

Our Tracker Rate mortgages link your interest rate to the Bank of England (BoE) base rate (currently 5.25%). As the name suggests, your Buy to Let mortgage will track the interest rate outlined in your mortgage offer for a specific amount of time. This means your interest rate has the potential to go up or down.

See our current Buy to Let Fixed Rate and Tracker Rate products and terms in the tabs below for more information.

If you’re not sure about how much you can borrow, our Buy to Let calculator will help provide an estimate.

We don’t offer an advised service for Buy to Let mortgages, so you’ll need to make your own choice about which mortgage is suitable for you. This means we won’t assess the suitability of the mortgage you choose to your needs and circumstances. If you’d like support with your application, please contact us.

At least one applicant must be an existing residential homeowner occupier, living with a residential homeowner occupier, or living in accommodation tied to their employment.

Please note that applications from landlords with four or more mortgaged rental properties (Portfolio Landlords) can only be accepted through an independent financial advisor (IFA) or mortgage broker.

Warning: IF YOU FAIL TO KEEP UP WITH PAYMENTS ON YOUR MORTGAGE A 'RECEIVER OF RENT' MAY BE APPOINTED AND/OR YOUR RENTAL PROPERTY MAY BE REPOSSESSED.

Legal Assisted 2 Year Buy to Let Fixed Rate Mortgages

Initial rate fixed up to and inc. 28/02/2026Then the Society's BTL Variable Rate less 1.00% discount up to and inc. 28/02/2029, (currently)Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
5.39% 7.54%8.54%8.2%60%£999 View
Max loan amount £1,000,000
5.79% 7.54%8.54%8.2%60%£0 View
Max loan amount £1,000,000
6.12% 7.54%8.54%8.2%75%£0 View
Max loan amount £750,000

Legal Assisted 5 Year Buy to Let Fixed Rate Mortgages

Initial rate fixed up to and inc. 28/02/2029Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
4.98% 8.54%7.5%60%£999 View
Max loan amount £1,000,000
5.17% 8.54%7.6%60%£0 View
Max loan amount £1,000,000
5.45% 8.54%7.7%75%£0 View
Max loan amount £750,000
RATES CORRECT AS AT 08 december 2023

Warning: Your home may be repossessed if you do not keep up repayments on your mortgage.

Representative Example

A mortgage of £80,000.00 payable over 25 years initially on a fixed rate for 2 years at 6.12% and then a 1% discount on our current Buy to Let Variable Rate of 8.54% giving a rate of 7.54% for 3 years and then on our current Buy to Let Variable Rate of 8.54% for the remaining 20 years would require 24 monthly payments of £408.00, 36 monthly payments of £502.67 and 240 monthly payments of £569.33.

The total amount payable would be £244,562.32 made up of the loan amount plus interest of £164,527.32 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparisons is 8.2% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

Key details about this product range

  • Unless otherwise indicated, these products are only available for house purchases or for customers remortgaging from another lender.
  • A product fee is payable on application (where applicable) but is refundable should the mortgage not complete.
  • A mortgage exit fee of £199 will apply.
  • Tapered Early Repayment Charges may apply.
  • Interest calculated daily.
  • When you're applying for an interest only mortgage, please be aware that you'll need to have a credible repayment strategy in place to pay off the loan and any interest accrued under the mortgage at the end of the term.
  • The products and services on this site are available to UK residents only.
  • Mortgage applicants must be 18 years or over.
  • Mortgages are subject to eligibility, status and financial standing.
  • Buy to Let mortgages which are for business purposes are exempt from FCA Rules.

For more detail about specific products, visit the links in the table above.

Legal Assisted 2 Year Buy to Let Tracker Rate Mortgages

Initial rate variable up to and inc. 28/02/2026TermsThen the Society's BTL Variable Rate less 1.00% discount up to and inc. 28/02/2029, (currently)Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)Maximum loan to value (LTV)Product Fee
5.50% BoE base rate + 0.25%7.54%8.54%8.2%60%£1999 View
Max loan amount £1,000,000 / It's not possible to apply for this product online.
5.90% BoE base rate + 0.65%7.54%8.54%8.2%60%£999 View
Max loan amount £1,000,000 / It's not possible to apply for this product online.
5.70% BoE base rate + 0.45%7.54%8.54%8.3%75%£1999 View
Max loan amount £750,000 / It's not possible to apply for this product online.
RATES CORRECT AS AT 08 december 2023

Warning: Your home may be repossessed if you do not keep up repayments on your mortgage.

Representative Example

A mortgage of £150,000.00 payable over 25 years initially on a tracker rate for 2 years at 0.45% above the Bank of England Base rate (currently 5.70%) and then a 1.00% discount on our current Buy to Let Variable Rate of 8.54% giving a rate of 7.54% for 3 years and then on our current Buy to Let Variable Rate of 8.54% for the remaining 20 years would require 24 monthly payments of £712.50, 36 monthly payments of £942.5, 240 monthly payments of £1067.50.

The total amount payable would be £459,264.00 made up of the loan amount plus interest of £307,230.00 and application fee £0, product fee £1999, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 8.3% APRC representative.

During the fixed term, the interest rate won’t go under 0.50%, even if the Bank of England base rate drops below this. This is sometimes referred to as an interest rate ‘floor’.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

Key details about this product range

  • Unless otherwise indicated, these products are only available for house purchases or for customers remortgaging from another lender.
  • A product fee is payable on application (where applicable) but is refundable should the mortgage not complete.
  • A mortgage exit fee of £199 will apply.
  • Tapered Early Repayment Charges may apply.
  • Interest calculated daily.
  • When you're applying for an interest only mortgage, please be aware that you'll need to have a credible repayment strategy in place to pay off the loan and any interest accrued under the mortgage at the end of the term.
  • The products and services on this site are available to UK residents only.
  • Mortgage applicants must be 18 years or over.
  • Mortgages are subject to eligibility, status and financial standing.
  • Buy to Let mortgages which are for business purposes are exempt from FCA Rules.

For more detail about specific products, visit the links in the table above.

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