Notices

  • Savings customers - interest rates on many of our variable rate savings products will be decreasing from 29 January. We have emailed or written to you to let you know of how these interest rate decreases affect you. See our variable savings rate changes

  • UK Landlords - The Renters’ Rights Bill, introduced in September 2024, received Royal Assent on 27 October 2025 and is now law as the Renters’ Rights Act. Read more about what to expect.

  • Savings: Interest rates for Windfall Bond will decrease by 0.25% from 1 January 2026. We will write to all customers individually to confirm the new rates.

    Mortgages: Tracker mortgages will change on 25 January 2026 and we will write to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage.

  • Mortgage products - On Tuesday 20 January 2026, we made changes to our mortgage product range. This includes enhanced Buy to Let HMO criteria, now catering to properties with up to six bedrooms (previously four bedrooms)

    Managed Mortgage Rates and Discounted Variable Rates

    From 7 February 2026, we'll be decreasing our Managed Mortgage Rates (MMR) by 0.15%. All on-sale discounted variable product rates and other details, including representative examples displayed on our website, have been updated to reflect these lower rates.

    We will shortly be writing to existing customers who have been impacted by this change, with details relevant to them.

  • Our Market Tracker Cash ISA (2) paying 4.03% AER is now back on sale. Find out more

Consumer or professional Buy to Let

Due to mortgage regulations, you'll need to apply for a Buy to Let mortgage as a consumer or professional. So what's the difference?

Consumer Buy to Let

A Consumer Buy to Let applicant is sometimes described as an accidental landlord. For example, if you inherited a property and wanted to rent it out instead of selling it, or you moved into the house and wanted to keep one of your properties to rent out.

Consumer Buy to Let mortgages are supervised by the FCA and regulated by HM Treasury.

See our range of individual Buy to Let mortgage products available for purchase and remortgage:

Individual Buy to Let mortgages 


Professional Buy to Let

A Professional Buy to Let application is used when the property is being used as a rental business. For example;

  • if you were to take out a Buy to Let mortgage to purchase a property with the intention of renting it out;
  • if you have previously bought a property to let out and neither yourself nor a relative has lived there;
  • if you already own a property that you have let out on the basis of rental agreement.

Professional Buy to Let mortgages are unregulated.

We have mortgages for Professionals who will own the property in either their personal names(s) or as a Limited company. 

See our range of Buy to Let mortgage products for Professionals, available for purchase and remortgage:

Individual Buy to Let mortgages   Limited company Buy to Let mortgages 


How will this affect your application?

We will determine whether you're a consumer or professional applicant based on your application form and may need to ask you a few more questions on the phone when you speak to us.

If you have any questions, you can contact our friendly New Business Team:

Ask us to call back   Email us


Buy to Let guide

If you’re thinking of becoming a landlord or expanding your portfolio of properties, there are a number of things to consider. Our short Buy to Let guide can help get you started.

Buy to Let lending criteria

Find out more information about what we will and won't accept for a Buy to Let mortgage.

Find out more

Expat Buy to Let mortgages

We accept mortgages from expats in over 40 countries and lend to UK nationals working abroad, along with UK nationals and foreign nationals working in the UK but paid in a foreign currency.

Find out more