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Online mortgages for small portfolio landlords

 

Buy to Let mortgages

With a Buy to Let mortgage from NatWest, you could buy or remortgage a property to rent out

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NatWest mortgages are available to over 18s. Your property may be repossessed if you do not keep up repayments on your mortgage. The content on this page is guidance only and does not constitute advice.

Choosing a Buy to Let mortgage

Step 1: Get an Agreement in Principle

  • Get a personalised indication of how much you could borrow for a Buy to Let mortgage in less than 10 minutes. 
  • It won't impact your credit score.
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Find out what we could offer you Open in new window

Step 2: Ready to apply for your new Buy to Let mortgage?

  • Apply online whenever you're ready or contact us if you'd like support.
  • Save your Buy to Let application progress and come back when you like.
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Apply for a Buy to Let mortgage Open in new window

Buy to Let mortgage rates

Use our mortgage rates tool to compare the Buy to Let rates available to you. Check different interest rates and mortgage terms to see how they impact monthly payments.

We offer fixed rate mortgages on a capital and interest repayment and an interest only basis.

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Stay up to date with our rates

Be one of the first to know when our rates change by signing up for our free mortgage rate alerts.

Get the rates that you're interested in, direct to your inbox, as soon as they change.

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What is a Buy to Let mortgage?

A Buy to Let mortgage is for someone who wants to buy or remortgage a property to rent out.

A Buy to Let mortgage usually requires a bigger deposit and tends to have higher interest rates compared with a regular mortgage for your home. This is because there is more risk associated with a Buy to Let mortgage as the customer does not live in the property.

Learn more about how Buy to Let mortgages work.

What is the Buy to Let mortgage eligibility criteria?

To apply for a Buy to Let mortgage with NatWest, you must meet the following criteria:

  • You're aged 18 or over and a UK resident or have the permanent right to reside in the UK.
  • You have/will have less than four Buy to Let or consent to let properties with a mortgage. This includes the property that you're purchasing or remortgaging and excludes any residential mortgages.
  • 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 its location.
  • 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 won't 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.

How much can I borrow with a Buy to Let mortgage?

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 group brands) with our Buy to Let mortgages. 

Remember, you'll need at least 25% of the purchase price of the property as a deposit.

Get an indication of how much you could borrow with a Buy to Let Agreement in Principle ( sometimes called an AIP or Mortgage in Principle). This puts you in a great place to start your search for a Buy to Let property, and it takes less than 10 minutes.

Get a Buy to Let AIP Open in new window
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Already have a BTL mortgage with us?

Are you ready to switch your current mortgage to a different deal, or just want to have a look at what we have on offer? Get started by logging into Manage your Mortgage.

Learn how to borrow more on your NatWest mortgage

1st April 2025 Stamp Duty Updates

New rules around Stamp Duty surcharges began in April 2025. These could affect how much investors bring in from their properties. Explore our examples to see how this might play out.

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How to apply for a Buy to Let mortgage

Are you feeling ready to apply for a Buy to Let mortgage? There are things you can do before applying to help make the process smoother. Read our helpful guide on how to apply for a buy to let mortgage. 

It's also important to consider the documentation you'll need to have to hand when you apply.

Find out the steps to apply for a Buy to Let mortgage and the information you need to complete a Buy to Let mortgage application. We're on hand to help you get one step closer to your new Buy to Let property with our guide. 

Read our steps to apply for a Buy to Let mortgage Open in new window

What is a small portfolio landlord?

It means that the number of Buy to Let or consent to let properties that you hold with a mortgage (excluding any residential mortgages) should be less than four. This includes the property you are purchasing or remortgaging.

Four or more Buy to Let or consent to let properties? You won't be able to apply directly with us however you can review the whole of market using price comparison sites or by contacting a mortgage broker. So, if we’re unable to support your Buy To Let mortgage needs, you have other options available to you.

Buy to Let mortgages: Frequently asked questions