Buy to let mortgage

Buy a place to let, not live

We aren't currently offering buy to let mortgages directly through Royal Bank of Scotland

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.

Explore our mortgages today

Find out what we could offer you

Step 1

  • Our Agreement in Principle provides a personalised indication of how much you could borrow
  • Will not impact your credit score
  • Takes less than 10 minutes
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Apply online in under 10 minutes

Step 2

  • Apply online today, or contact us if you'd like support
  • Save progress and come back whenever you like
  • Upload, submit and sign all of your documents online
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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 Royal Bank 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 with Royal Bank 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.

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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

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Green mortgages

Are you buying or remortgaging an energy efficient property with a valid Energy Performance Certificate (EPC) rating of A or B? If so, we're now offering new loan to value options and discounted 2 year and 5 year fixed rate green Buy to Let mortgages.

Royal Bank Green Mortgages are available to over 18s purchasing or remortgaging a property with a valid Energy Performance Certificate (EPC) rating of A or B. Available on selected products marked with 'Green Mortgage'. Exclusions and eligibility criteria applies. Product fees apply. Max LTV 75% (for new build flats or houses a maximum LTV of 65% applies).

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 with us. 

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?