Find out what we could offer you
- 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
NatWest mortgages are available to over 18s. Your property may be repossessed if you do not keep up repayments on your mortgage.
A buy to let, or buy to rent mortgage is for a landlord who wants to buy a property to rent out.
The application is similar to a residential mortgage application but with a few differences. These differences include the amount you could borrow and how much deposit you will need.
If you would like more help, see our guide.
The following criteria applies for NatWest buy to let mortgage applications:
We will not consider multiple tenancies, Homes of Multiple Occupancy (HMO), bedsits, 'Related Person' tenancies or properties that fall under a selective licensing scheme.
You cannot apply for a buy to let mortgage with us if you do not meet the above criteria.
There are many requirements that you need to adhere to when renting out a property. These include contracts, deposit protection and certificates for the gas and electric.
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.
NatWest 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).
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.
Buy to let (BTL) mortgages are similar to the residential mortgages you find but there are differences when it comes to a buy to let mortgage, including: minimum deposit requirements, interest rates, minimum property value requirements and borrowing limits.
Find out more with our buy to let mortgage guide
BTL mortgages are most commonly interest only mortgages, but we offer both capital and interest and interest only mortgage types for buy to let.
With an interest only mortgage, you only pay off the interest on a monthly basis throughout the term of your mortgage, however at the end of your term you are required to pay off the capital debt (the outstanding mortgage amount) in full. With a capital and interest mortgage, you pay off both the capital debt and the interest on a monthly basis.
Use our mortgage rate finder to compare rates available to you.
It depends on multiple factors including the property value, amount of deposit and rental income for the property. You could borrow up to a maximum of £3.5 million (in total across NatWest brands) with our buy to let mortgages.
You will need a deposit of at least 25% to be eligible for a buy to let mortgage or, if you’re looking to buy a new build flat or house, you’ll need a minimum deposit of 35%.
If your mortgage is up for renewal and you are looking to remortgage to us, you can complete a buy to let Agreement in Principle (AIP) to compare our mortgage rates and find out how much you could borrow.