Buy to Let Mortgages

Whether you're just starting out as a landlord or are expanding your property portfolio, we're here to help you get the right mortgage deal for your business. And because you'll want to move fast when you find the perfect property, we can give you a lending decision up front, subject to the valuation, suitability and rental potential of the place you want to buy.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

 
  • Borrow up to 75% of the property's value (65% for new build)
  • Borrow from £25,005 up to £1 million
  • Take out up to three TSB Buy-to-Let mortgages to a total value of £2 million
  • Get a lending decision in principle before you've found your property
  • Customers purchasing a new Buy-To-Let property receive a free basic valuation
  • Customers switching their Buy-To-Let mortgage to us will receive a free basic valuation and standard legals*
 

TSB Buy-to-Let mortgages are not regulated by the Financial Conduct Authority.

How to apply

Apply at a branch

Find out what to take along
 

Call us
8am-8pm Monday to Friday 
9am-2pm Saturday

0800 056 1088

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Buy-to-Let mortgage deals

Choose to fix for a certain period with a Buy-to-Let fixed rate mortgage. 

3 year fixed rate deal

Mortgage payments stay the same during the fixed-rate period so they're easier to manage.

View details and start application

5 year fixed rate deal

Mortgage payments stay the same during the fixed-rate period so they're easier to manage.

View details and start application

10 year fixed rate deal

After your first payment, your regular payments will stay the same each month for the agreed period with a 10 year fixed rate.

View details and start application

Mortgage types explained

When you apply for a mortgage, you'll be able to choose from several different types of deals. Most lenders offer a range of options on their mortgages, including a fixed rate mortgage or a tracker rate mortgage.

What is a fixed rate mortgage?

Your interest rate will stay the same for a set period. Many lenders offer fixed rates for two, three or five years, sometimes longer. The benefit of a fixed-rate mortgage is that it helps you to budget more easily, because your interest rate will stay the same for the length of the deal. Early repayment charges will almost always apply if you switch away from the mortgage before the fixed-rate period ends.

Mortgages FAQs

What is a tracker rate mortgage?

With this type of mortgage, the interest rate tracks a rate that is outside the control of the lender, such as the Bank of England bank rate (also known as the base rate). Every time that rate goes up or down, so does the interest rate on your mortgage. Naturally, you will be better off whenever the interest rates drop and your monthly payments will be less. But, you should make sure your budget will allow you to make higher monthly payments if interest rates were to go back up. Early repayment charges will sometimes apply if you switch away from the mortgage before the tracker deal period ends.

Things to consider

Did you know you:

  • Must be at least 25 years old to apply for a buy-to-let mortgage
  • Can apply for a mortgage on your own for a joint mortgage
  • Can get an agreement in principle before you've found the place you want to buy
  • We will lend to landlords with a maximum of 3 mortgaged Buy To Let properties, either with TSB or other lenders

How to apply

We need to talk you through your mortgage application, but you can save time by starting the process online. It'll take about 20 minutes, and then one of our mortgage experts will call you back at a time to suit you to complete the process. Or you can call us and speak to an advisor directly, or book an appointment to see one of our advisors at your nearest branch.

You'll need to have the following details to hand:

  • Your last three months' payslips
  • Your last three months' bank statements if you want any other income to be considered (for example rental or investments), and as a reminder of your outgoings
  • If you already have an existing mortgage elsewhere, your last year's mortgage statements
  • Your address for the last three years
  • Details of any loans you currently hold, including student loans and car payments

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

*Free standard legals are provided through TSB's nominated firms of conveyancer. Additional services such as change of name, transfer of equity, deed of postponement, any additional costs in relation to leasehold properties, acting in or discharging Help to Buy arrangements. This information must be given directly to the acting Conveyancer. Our nominated firms of conveyancers will not act for remortgage customers where additional funds are raised to simultaneously extend the lease or for remortgages which involve acting in or discharging shared equity or shared ownership arrangements.

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