• Service update - due to planned essential maintenance our Online Service will be unavailable on Friday 28 January from 18:00 until Saturday 29 January 12:00.

  • Following the Bank of England’s decision to raise the Bank Rate by 0.15% to 0.25% in December 2021, Windfall Bond and Tracker Savings Bond rates increased by 0.15% from 1 January 2022. Tracker mortgages changed from 25 January and we have written to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage. We will be considering our other savings and our variable mortgage rates after the Bank of England MPC meeting on 3 February. (Notice updated 19/01/22)

  • Please note that the Premium Saver (5) has now been withdrawn from sale. 
    If you have opened an account, you may add funds until 3pm, 7 February 2022, after this no additions will be allowed.

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  Individual Buy to Let Offset 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   Individual Buy to Let Offset 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.

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.