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Buy to Let Fixed to 28/02/2030

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  • Summary Back Copy 2

    Available for both individual landlords and limited companies with a maximum of three Buy-to-Let mortgaged properties.

    Also available for regulated and consumer BTL properties. 

    • Initial Rate, fixed to 28 February 2030

      5.19% fixed 

    • Followed by our Standard Variable Rate (SVR) for the rest of the term

      8.59% variable

    • The overall cost for comparison is

      7.8% APRC

    • Maximum Loan to Value

      80% including fees

    • Application Fee

      None

    • Product Fee - may be added to the loan

      £1,195

    • Early Repayment Charge

      Charges will apply to any lump sum or full redemption paid over 10% of the capital balance
      5% up to 28/02/2026
      4% up to 28/02/2027
      3% up to 29/02/2028
      2% up to 28/02/2029
      1%  up to 28/02/2030

  • Representative Example Back Copy 2

    A mortgage loan of £68,590.00 which will be payable over 25 years on an interest-only basis, initially on a fixed rate of 5.19% until 28/02/2030 and then on our Buy To Let Standard Variable Rate, currently 8.59%, for the remaining period would require 60 payments of £296.65 and 240 payments of £490.99.

    The total amount payable would be £206,034.60 made up of the loan amount plus interest (£135,636.60), a valuation fee (£340), a funds transfer fee (£25), a product fee (£1,195), solicitors fees (£148) and an exit fee (£100).

    The overall cost for comparison is 7.8% APRC representative.

  • Further Information Back Copy 2

    Fees

    Valuation fees and solicitor fees may be payable
    Other charges may be made in respect of mortgage services
    See our fees guide for more details

    Acceptable Credit Criteria

    This product accepts our BTL standard credit criteria click here for details

    Early Repayment Charge (ERC)

    Early Repayment Charges as detailed below are payable on any lump sum or full redemption repaid over 10% of the capital balance.

    5% up to 28/02/2026
    4% up to 28/02/2027
    3% up to 29/02/2028
    2% up to 28/02/2029
    1%  up to 28/02/2030

    Overpayments

    During the early repayment charge period lump sum overpayments up to 10% of the capital balance per annum may be made without attracting an early repayment charge. Should the total of lump sum overpayments exceed 10% within this period, the excess will attract an early repayment charge.

    Once the early repayment charge period has ended overpayments can be made at any time.
    If an overpayment of £500 or more is made, we will recalculate the monthly payment the following month.

    Affordability

    Enter the client's details into the affordability calculator and assessment below.

    BTL affordability calculator and assessment form

    BTL limited company affordability calculator and assessment form

    If your columns are red then please contact us as other product options may be available. Minimum income £25,000.

    Repayment

    This mortgage is available on a capital and interest repayment basis or interest only with a suitable repayment vehicle. Payments must be made monthly by direct debit.

    Age Limits

    The minimum age is 21 for all applicants. There is no maximum age. Earned income considered up to age 75. Cases are considered on individual circumstances.

    Loan Size

    Minimum loan size £50,000.

    Maximum loan size £500,000 up to 80% LTV 

    Mortgage Term

    The maximum mortgage term is 40 years dependent on individual circumstances.

    Portability

    This product is not portable.

    Energy Performance Certificate (EPC)

    All BTL properties being mortgaged to the Society require an EPC rating of between A and E. The Society will not lend on properties with an EPC rating of F and G.

    Interest

    Interest is calculated daily on the balance outstanding and added to the account the following month.

  • Available for both individual landlords and limited companies with a maximum of three Buy-to-Let mortgaged properties.

    Also available for regulated and consumer BTL properties. 

    • Initial Rate, fixed to 28 February 2030

      5.19% fixed 

    • Followed by our Standard Variable Rate (SVR) for the rest of the term

      8.59% variable

    • The overall cost for comparison is

      7.8% APRC

    • Maximum Loan to Value

      80% including fees

    • Application Fee

      None

    • Product Fee - may be added to the loan

      £1,195

    • Early Repayment Charge

      Charges will apply to any lump sum or full redemption paid over 10% of the capital balance
      5% up to 28/02/2026
      4% up to 28/02/2027
      3% up to 29/02/2028
      2% up to 28/02/2029
      1%  up to 28/02/2030

  • A mortgage loan of £68,590.00 which will be payable over 25 years on an interest-only basis, initially on a fixed rate of 5.19% until 28/02/2030 and then on our Buy To Let Standard Variable Rate, currently 8.59%, for the remaining period would require 60 payments of £296.65 and 240 payments of £490.99.

    The total amount payable would be £206,034.60 made up of the loan amount plus interest (£135,636.60), a valuation fee (£340), a funds transfer fee (£25), a product fee (£1,195), solicitors fees (£148) and an exit fee (£100).

    The overall cost for comparison is 7.8% APRC representative.

  • Fees

    Valuation fees and solicitor fees may be payable
    Other charges may be made in respect of mortgage services
    See our fees guide for more details

    Acceptable Credit Criteria

    This product accepts our BTL standard credit criteria click here for details

    Early Repayment Charge (ERC)

    Early Repayment Charges as detailed below are payable on any lump sum or full redemption repaid over 10% of the capital balance.

    5% up to 28/02/2026
    4% up to 28/02/2027
    3% up to 29/02/2028
    2% up to 28/02/2029
    1%  up to 28/02/2030

    Overpayments

    During the early repayment charge period lump sum overpayments up to 10% of the capital balance per annum may be made without attracting an early repayment charge. Should the total of lump sum overpayments exceed 10% within this period, the excess will attract an early repayment charge.

    Once the early repayment charge period has ended overpayments can be made at any time.
    If an overpayment of £500 or more is made, we will recalculate the monthly payment the following month.

    Affordability

    Enter the client's details into the affordability calculator and assessment below.

    BTL affordability calculator and assessment form

    BTL limited company affordability calculator and assessment form

    If your columns are red then please contact us as other product options may be available. Minimum income £25,000.

    Repayment

    This mortgage is available on a capital and interest repayment basis or interest only with a suitable repayment vehicle. Payments must be made monthly by direct debit.

    Age Limits

    The minimum age is 21 for all applicants. There is no maximum age. Earned income considered up to age 75. Cases are considered on individual circumstances.

    Loan Size

    Minimum loan size £50,000.

    Maximum loan size £500,000 up to 80% LTV 

    Mortgage Term

    The maximum mortgage term is 40 years dependent on individual circumstances.

    Portability

    This product is not portable.

    Energy Performance Certificate (EPC)

    All BTL properties being mortgaged to the Society require an EPC rating of between A and E. The Society will not lend on properties with an EPC rating of F and G.

    Interest

    Interest is calculated daily on the balance outstanding and added to the account the following month.