Premier landlord mortgages
Exclusive rates for Premier
If you’re eligible for Premier, we could help – whether you’re mortgaging a buy-to-let property, borrowing more or switching your mortgage to us.
Your buy-to-let property may be repossessed or a receiver of rent appointed if you do not keep up payments on your mortgage.
Your Premier buy-to-let options
Exclusive purchase rates
We have exclusive rates waiting for you if you’re investing in your first buy-to-let property or expanding your portfolio.
Designed for your plans
Choose a payment type that suits your business plan and explore our wide range of fixed-rate and tracker mortgages.
Are you eligible?
You’ll need to be 21 years or older. If you’re making a joint application, other applicants need to be aged 18 or older. You don’t need to own any other property, outright or with a mortgage, to apply for a buy-to-let mortgage. Up to 4 people can apply jointly, providing you’re not part of a company.
You can borrow up to £2 million per property, and have total borrowing of up to £3 million across all buy-to-let properties with us or £4.5 million across all lenders, including us. You can have up to 6 mortgaged rental properties with us and a maximum of 10 mortgaged rental properties across all lenders, including us.
Is it right for you?
When you buy a property and rent it out you’re effectively running a small business. It gives you a way to earn some income, but you need to think about all the costs and risks you’ll face as a landlord.
You may face times when the property is vacant, known as voids, when you’ll have to cover your mortgage payments with no rental income. There may be changes to interest rates or tax law that result in higher outgoings. As a landlord you will have to keep the property in a good state of repair. So before you start or expand a rental property portfolio, you should consider taking some independent legal and financial advice.
How to apply
First, check that you’re eligible for Premier. Then calculate how much you could borrow, see if we’d be willing to lend the amount you need with an Agreement in Principle and then book a mortgage appointment.
Agreement in Principle (AiP)
Take the first step to your mortgage with an AiP
Start an Agreement in Principle (AiP) online to find out quickly if you could borrow the amount you need – without affecting your credit score.
Premier mortgage eligibility
Are you ready for Premier?
See if you’re eligible for Premier Banking so you can enjoy access to our exclusive mortgage rates and benefits.
Book an appointment
Call us1to book your appointment. Lines are open all day, every day – except during the Christmas period, when they may be closed at off-peak times.
Call 0800 197 1081