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Buy to Let

If you have an existing Buy to Let (BTL) or Holiday Let mortgage with us you may be able to borrow more money against your property. The additional money could be used to make repairs or improvements to your property or to help fund additional property purchases.

Important things you need to know:

  • Available to existing Buy to Let and Holiday Let customers, including Portfolio Landlords.
  • There are no product or arrangement fees.
  • You can borrow up to 75% of the property's value including your existing mortgage.
  • The rental income must cover the total borrowing required using the current BTL calculation.
  • Your additional borrowing will be secured against your property.
  • A revaluation may be required.

Our mortgage calculators

Affordability calculator

Get an idea of how much you could borrow, based on your income and spending.

Repayment calculator

Work out how much you'd need to pay each month towards your mortgage.

Book an appointment

If you need help or support with an existing application, call us on 03450 50 50 62.

If you want to speak to someone in our mortgage team about a new application, book a telephone appointment online using the 'book an appointment' button.

Book an appointment online

During your appointment you will be asked a number of questions to help us understand your circumstances and assess affordability and based on the information you provide, our qualified advisor will confirm the options available to you.

Your rental property could be repossessed or a receiver of rent appointed, if you don't keep up your mortgage repayments.

2 Year Buy To Let Fixed Rate Mortgages

Initial fixed rate up to and inc. 30/04/2027Then the Society's BTL Variable Rate less 1.00% discount up to and inc. 30/04/2030, (currently)Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)†Maximum loan to value (LTV)Product Fee
6.13% 7.29%8.29%8.0%60%£0
Max loan amount £1,000,000
6.78% 7.29%8.29%8.1%75%£0
Max loan amount £750,000

Portfolio 2 Year Buy To Let Fixed Rate Mortgages

Initial fixed rate up to and inc. 30/04/2027Then the Society's BTL Variable Rate less 1.00% discount up to and inc. 30/04/2030, (currently)Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)†Maximum loan to value (LTV)Product Fee
6.18% 7.29%8.29%8.0%60%£0
Max loan amount £1,000,000
6.93% 7.29%8.29%8.1%75%£0
Max loan amount £750,000
RATES CORRECT AS AT 27 february 2025

Representative Example

A mortgage of £15,000.00 payable over 25 years initially on a fixed rate for 2 years at 6.93% and then a 1% discount on our current Buy to Let Variable Rate of 8.29% giving a rate of 7.29% for 3 years and then on our current Buy to Let Variable Rate of 8.29% for the remaining 20 years would require 24 monthly payments of £86.63, 36 monthly payments of £91.13 and 240 monthly payments of £103.63.

The total amount payable would be £45,231.00 made up of the loan amount plus interest of £30,231.00 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparisons is 8.1% 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.

This representative example has been calculated on an interest only basis. The monthly payments, total amount payable and interest charged all reflect this calculation method.

Additional Features

  • Maximum loan amount £1,000,000.
  • For fixed rates up to and including 30 April 2027 tapered Early Repayment Charges apply up to and including 30 April 2027.
  • Free standard valuation up to £999.
  • 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 actual rate available will depend on your circumstances. Ask for a personalised illustration.

5 Year Buy To Let Fixed Rate Mortgages

Initial fixed rate up to and inc. 30/04/2030Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)†Maximum loan to value (LTV)Product Fee
5.56% 8.29%7.5%60%£0
Max loan amount £1,000,000
5.97% 8.29%7.7%75%£0
Max loan amount £750,000

Portfolio 5 Year Buy To Let Fixed Rate Mortgages

Initial fixed rate up to and inc. 30/04/2030Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)†Maximum loan to value (LTV)Product Fee
5.61% 8.29%7.6%60%£0
Max loan amount £1,000,000
6.12% 8.29%7.8%75%£0
Max loan amount £750,000
RATES CORRECT AS AT 27 february 2025

Representative Example

A mortgage of £15,000.00 payable over 25 years initially on a fixed rate for 5 years at 6.12% and then on our current Buy to Let Variable Rate of 8.29% (variable) for the remaining 20 years would require 60 monthly payments of £76.50 and 240 monthly payments of £103.63.

The total amount payable would be £44,461.20 made up of the loan amount plus interest of £29,461.20 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 7.8% 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.

This representative example has been calculated on an interest only basis. The monthly payments, total amount payable and interest charged all reflect this calculation method.

Additional Features

  • Unlimited capital repayments are allowed.
  • Maximum loan £750,000.
  • Interest calculated daily.
  • Free standard valuation up to £999.
  • For fixed rates up to and including 30 April 2030 tapered Early Repayment Charges apply up to and including 30 April 2030.
  • 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 actual rate available will depend on your circumstances. Ask for a personalised illustration.

Buy To Let Variable Rate

The Society's BTL Variable Rate (currently)Overall cost for comparison (APRC) †Maximum loan to value (LTV)Product Fee
8.29%8.6%75%£0
Max loan amount £750,000
RATES CORRECT AS AT 27 february 2025

Representative Example

A mortgage of £15,000.00 payable over 25 years on our Buy to Let Variable Rate for the mortgage term of 25 years at our current rate of 8.29% (variable) would require 300 monthly payments of £103.63.

The total amount payable would be £46,122.50 made up of the loan amount plus interest of £31,087.50 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 8.6% 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.

This representative example has been calculated on an interest only basis. The monthly payments, total amount payable and interest charged all reflect this calculation method.

Additional Features

  • Unlimited capital repayments are allowed.
  • Maximum loan £750,000.
  • Interest calculated daily.
  • Free standard valuation up to £999.
  • No Early Repayment Charges apply.
  • 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 actual rate available will depend on your circumstances. Ask for a personalised illustration.

Holiday Let Variable Rate

The Society's BTL Variable Rate (currently)Overall cost for comparison (APRC) †Maximum loan to value (LTV)Product Fee
8.29%8.6%75%£0
Max loan amount £750,000
RATES CORRECT AS AT 27 february 2025

Representative Example

A mortgage of £15,000.00 payable over 25 years on our Buy to Let Variable Rate for the mortgage term of 25 years at our current rate of 8.29% (variable) would require 300 monthly payments of £106.75.

The total amount payable would be £46,122.50 made up of the loan amount plus interest of £31,087.50 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 8.6% 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.

This representative example has been calculated on an interest only basis. The monthly payments, total amount payable and interest charged all reflect this calculation method.

Additional Features

  • Unlimited capital repayments are allowed.
  • Maximum loan £750,000.
  • Interest calculated daily.
  • Free standard valuation up to £999.
  • No Early Repayment Charges apply.
  • 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 actual rate available will depend on your circumstances. Ask for a personalised illustration.


Buy to Let mortgages which are for business purposes are exempt from FCA Rules.
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