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Your steps to applying for a buy to let mortgage
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Find out if you're eligible
The following criteria applies for NatWest buy to let mortgage applications:
- You're a UK resident aged 18 or over.
- You have/will have less than four Buy to Let or consent to let properties with a mortgage. This includes the property that you are purchasing or remortgaging and excludes any residential mortgages.
- Your expected rental income to be at least 125% of your monthly interest payments.
- You have at least 25% of the purchase price of the property as a deposit.
- It's a UK property worth at least £50,000 and has the minimum EPC rating required depending on where it is located. See further details.
- You're borrowing at least £25,000 over a minimum of 3 years and a maximum of 35 years.
- Your total aggregated borrowing with NatWest group brands 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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If you're remortgaging a buy to let property, check how much is left to pay on your mortgage
Look at the latest mortgage statement you received from your current mortgage provider to see how much is left to pay.
Your current provider might ask for an Early Repayment Charge. Check your paperwork to see whether they apply. If you haven't yet thought about how you will pay off your current mortgage early, read our mortgage repayment guide.
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Compare our mortgage rates
Enter a few details into our mortgage calculator and we’ll show you all the NatWest mortgages that could be right for you, based on what you've told us.
Thinking of borrowing more? No problem, it's easy to vary the amounts in the calculator.
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Get an indicative decision
You’ll need to get an Agreement in Principle to see if we think we may be able to lend you the amount you require.
This isn't a firm decision, but it’s the most accurate result we can give you without performing a full credit check. It won't take long and it won’t affect your credit score.
Before you apply
What you need to have OpenClose
Eligibility info OpenClose
Credit checks OpenClose
What is the difference between a soft and a full credit check?
When you apply for an Agreement in Principle, we'll need to do a “soft credit check”. But don’t worry, this won’t affect your credit score. If you go on to apply for a remortgage, we'll do a full credit check, which will show up on your credit file.
Step 1: Find out what we could offer you
- Get a personalised indication of how much you could borrow in less than 10 minutes.
- It won't impact your credit score.
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Step 2: Ready to apply for your new mortgage?
- Apply online whenever you're ready or contact us if you'd like support.
- Save progress and come back when you like.
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Already have a NatWest mortgage?
If you're already a NatWest mortgage customer, you won't need to resubmit paperwork, such as evidence of income, unless your circumstances have changed.
Log in to Manage Your Mortgage, see what offers are available and apply online.
All you need are your mortgage account number, name, date of birth and your postcode.
Get help with your online mortgage application
