Buy to let mortgages

Buy a property to rent out with a buy to let mortgage

What are buy to let mortgages?

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.

Choosing a buy to let mortgage

Take a look at our buy to let mortgage rates.

We offer both capital and interest repayment mortgages and interest only mortgages. And you’ll find fixed rate and tracker mortgages with a range of different terms and interest rates.

Use our Mortgage Rate Finder to see the options available to you.

Steps to getting a buy to let mortgage

  1. 1

    Work out if you're eligible and if you can afford it

    The amount you can borrow is based on how much rent the property can generate versus the cost of the mortgage. As an indication, we require:

    Your expected rental income to be at least 125% of the monthly interest payments

    A minimum deposit of 25% (35% on a new build property)

    The property to be worth at least £50,000

    Your borrowing will be less than £3.5 million


  2. 2

    Understand your responsibilities as a landlord

    There's lots of requirements that you need adhere to when renting out a property. These including contracts, deposit protection and certificates for the gas and electric. 

    Your responsibilities as landlord


  3. 3

    Find out what you could borrow

    You can get an indication of how much you could borrow by getting an Agreement in Principle, without affecting your credit score.

    If you're moving your mortgage to NatWest and looking to borrow more, you'll have to book an appointment with one of our mortgage advisors.

Getting ready to apply

How it works

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. 

Already have a BTL mortgage with us?

If you're ready to switch your current mortgage to a different deal, or just want to have a look at what we have on offer, you can get started by logging into manage your mortgage.


How to borrow more on your NatWest mortgage

Need some help or want to talk to a qualified mortgage professional?

Call us

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