Buy to let mortgage

Buy a place to let, not live

We aren't currently offering buy to let mortgages directly.

We regularly review the mortgages we offer. Please check back at a later date, when we hope to be able to provide you with a buy to let mortgage.

Online mortgages are provided by NatWest

NatWest and Royal Bank of Scotland are part of NatWest Group and offer the same mortgage products and rates when you speak with a mortgage professional. Online mortgages are available to customers via the NatWest website.

Step 1: Find out what NatWest could offer you

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

You don't need to be a NatWest customer to get an Agreement in Principle (AIP), and you're not committed to having a mortgage by getting an AIP.

Step 2: Apply for your mortgage online with NatWest

  • Apply online with NatWest (less than 4 properties) or contact us if you require support from a mortgage professional.
  • Save your application progress online and come back whenever you like.

What is a buy to let mortgage?

Buy to let (BTL) mortgages are for landlords who want to buy property to rent it out. Applying for a buy to let mortgage is a fairly similar process to a residential mortgage application. However, there are some important differences, particularly when considering how much you can afford and the size of your deposit.

If you need more support then our guide will help.

Choosing a buy to let mortgage

Take a look at our buy to let mortgage rates.

We offer both capital and interest repayment mortgages and interest only mortgages. And you’ll find fixed rate and tracker mortgages with a range of different terms and interest rates.

Use our Mortgage Rate Finder to see the options available to you.

Eligibility and responsibilities

Find out if you're eligible

The following criteria applies for buy to let mortgage applications:

  • You're a UK resident aged between 18 and 80
  • Your expected rental income to be at least 125% of your monthly interest payments
  • You have at least a 25% deposit, or 35% for any new build houses or flats
  • The property is worth at least £50,000
  • You're borrowing at least £25,000 over a minimum of 3 years
  • Your total aggregated borrowing will be less than £3.5 million

We will not consider multiple tenancies, Homes of Multiple Occupancy (HMO), bedsits, ‘Related Person’ tenancies, properties that fall under a selective licensing scheme or properties that will be used as a holiday home or holiday let.

You cannot apply for a buy to let mortgage with us if you do not meet the above criteria.

Information Message

Understand your responsibilities as a landlord

There's lots of requirements that you need adhere to when renting out a property. These include contracts, deposit protection and certificates for the gas and electric. 

Your responsibilities as landlord

Information Message

Getting ready to apply

How it works

There's a few steps to take, depending on your circumstances.

We'll outline everything you need to do and consider when you take out a buy to let mortgage. 

Already have a BTL mortgage with us?

If you're ready to switch your current mortgage to a different deal, or just want to have a look at what we have on offer, you can get started by logging into Manage your Mortgage.


How to borrow more on your Royal Bank mortgage

Need some help?

Call us if you need additional support or technical help

Something else we can help you with?