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Buy To Let fixed for 5 years

A Buy To Let, five year fixed rate mortgage on your first investment property or add to your portfolio.

Get an idea of how much you can borrow with our affordability calculator. The calculator will work out the maximum amount you could borrow by using a 5 year fixed rate to calculate the highest mortgage possible. Where a 5-year fixed rate is not available, the lowest rate will be used, stressed at +2%. Please contact the team to discuss your specific circumstances.

With years of experience under our belt we can cater for aspiring first time landlords to portfolio investors. Our personal approach to mortgages allows us to assess each case individually on its own merits. This product requires a minimum 20% deposit and our loans range from £50,000 – £1.5 million.

Our flexible approach allows us to cater on a consumer BTL basis, which can include any of the following scenarios:

  • When a family member has occupied or will occupy the property
  • The property was inherited, and the applicant owns no other investment properties
  • A Let To Buy where the applicant owns no other investment properties.

The mortgage listed below moves on to our Standard Variable Rate (SVR), 5.75% (variable), after the initial rate period. The SVR is increasing to 5.99% (variable) from 1st September 2022.

rate i
Overall cost for
comparison i
Max %
type i
3.64%5.3% APRC80%Interest only and repayment options available
See example

Representative example: A mortgage of £185,000.00 taken out for a period of 23 years on an interest only basis.
Monthly instalments: £561.17 per month for 59 months, followed by £889.58 per month for 216 months.
Total amount payable: £411,642.31.
Total amount of credit: £185,000.00.
The total amount payable includes valuation fee £285, product fee £999 and closing fee £100.
The overall cost for comparison is 5.3% representative APRC.
This example relates to the Buy to Let 3.64% fixed for five years product. It is based on our current Standard Variable Rate of 5.75%, with no fees added to the mortgage.

Please ask for a personalised illustration for your own particular requirements.

The SVR is increasing to 5.99% (variable) from 1st September 2022.

Affordability calculator

Find out how much you can borrow with our affordability calculators.

Monthly payments calculator

Use the calculator to find out what your monthly payments might be based on the mortgage product and the type and term of your borrowing.

Mortgage details

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Please scroll down for monthly payments by product.

This is the maximum amount based on the information you provided. Your mortgage adviser will take you through the application process and will calculate the amount you can afford to borrow based on your income after the deduction of those expenses and commitments. Further restrictions may apply for specialist products.

  • Key features
    • Availability – Purchase & Remortgage up to 80% Loan To Value (LTV). Minimum deposit of 20% required.
    • Flexibility – Overpayments up to 20% of the capital balance as at 1st January allowed in each calendar year without penalty.
    • Portable.
  • Early repayment

    If you repay your mortgage early, or make an overpayment, you may have to pay an early repayment charge.

    For full repayment, you will pay 3% of the outstanding balance in years 1, 2, 3 & 4; 2% in year 5, plus a Closing Administration Fee (currently £100).

    For overpayments, you will pay 3% on any amount exceeding your 20% limit in year 1, 2, 3 & 4, 2% in year 5.

  • Product fees


  • Lending criteria

    Lending Criteria and Information

    Loan:Size: Minimum £50,000, Maximum £500,000 at 80% and up to £1,500,000 at 75%.
    Term: Minimum 5 years, Maximum 40 years.
    Repayment Type: Capital Repayment, Interest Only.
    Property:Must be standard construction.
    New build flats may be considered. Must be in England, Wales or Scotland*.*Mainland Scotland and The Shetlands, The Orkneys, Arran, Bute, Skye, Harris & Lewis, Mull and Islay.
    Applicant:Age: Minimum 21, no maximum, subject to income in retirement.
    Income:Household income must be at least £20,000.
    Rental:The calculation is based on the actual or expected rental. Rent must cover 125% of the ‘stressed mortgage payments’ for basic rate tax payers, or 145% for higher rate tax payers.  The stressed mortgage payment is based on the product rate +2% or 5.5% whichever is higher.
    Underwriting:We take a flexible approach to underwriting and will consider each case on its merits. We do not credit score. The actual rate and APRC for your case will depend on your circumstances and our assessment of the risk.
  • Useful stuff

    Mortgage Conditions

    Mortgage Conditions Scotland

How to apply

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