Notices
  • 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  • Please note that the Premium Saver (5) has now been withdrawn from sale.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.
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Buy to Let Offset mortgages

See all of our Buy to Let Offset mortgage products available for purchase and remortgage.

The mortgage will be secured on your property.
Your property may be repossessed if you do not keep up repayments on your mortgage.

Find all details of our Buy to Let Offset mortgages available below. Buy to Let Offset mortgages are only available for individuals.

With a Buy to Let Offset mortgage you can use your savings to reduce the interest charged on your mortgage. You won't earn any interest on the savings when they are linked to the mortgage. Find out more about how our Buy to Let Offset mortgage works and the payment and term reduction options available.

 

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Initial interest rate Current follow on rate Overall cost for comparison Repayment or Interest-Only? Max % Loan to Value (LTV) Product fees Additional
benefits

3.14% 2 year discounted rate by 2.00% Offset Mortgage

3.14% 5.14% 5.1%APRC
  • Interest-Only
  • Repayment
60% £999~
  • £100 cashback^
  • Payment reduction
  • Term reduction

Some key features of this mortgage

  • Purpose - Offset applications for purchase, remortgage, product switch and further advance
  • Options available - Term reduction or Payment reduction. Find out more about these options here
  • Discount - 2.00% applied to our Residential Investment Managed Mortgage Rate for 2 years
  • Minimum rate - 3.04% 
  • Loan to Value - Maximum 60%
  • *Application Fee - £175 + Valuation Fee (£125 for further advance, £0 for switch)
  • Valuation Fees (Purchase) - Based on the greater of the purchase price or value of the property. 
  • Valuation Fees (Remortgage) - Free for properties up to £500,000. For properties above £500,000 the standard valuation fee scale applies, less £330 discount.
  • Valuation Fees (Further advance and Product Switch) - £0
  • Valuation Fees (Multi Unit Freehold Blocks) - A separate valuation fee scale will apply for this property type. For purchase applications, the full Multi-Unit Freehold Block valuation fee scale will apply. For remortgage applications, a discount of £330 from the Multi-Unit Freehold Block valuation fee scale applies.
  • ~Product fee - £999 for loans up to £500,000. For loans above £500,000 0.4% of loan amount. (£0 for further advance and switch)
  • Maximum loan - No maximum. Loans above £500,000 should be referred to us for specific agreement before submission of an application
  • Minimum loan - £45,000 for purchase and remortgage. £2,000 for further advance. No minimum for product switches.
  • Additional benefits:
     - ^Cashback
    - £100 for purchase and remortgage
  • Early Repayment Charges - 2% in the first year and 1% in the second year
  • Additional criteria - You are required to open an Offset Saver account in conjunction with this mortgage. On completion of the mortgage, a cashback amount of £100 will be used to open your linked Offset Saver account.

See full details for fee details, documents you'll need, and more.

3.29% 2 year discounted rate by 1.85% Offset Mortgage

3.29% 5.14% 5.1%APRC
  • Interest-Only
  • Repayment
70% £999~
  • £100 cashback^
  • Payment reduction
  • Term reduction

Some key features of this mortgage

  • Purpose - Offset applications for purchase, remortgage, product switch and further advance
  • Options available - Term reduction or Payment reduction. Find out more about these options here
  • Discount - 1.85% applied to our Residential Investment Managed Mortgage Rate for 2 years
  • Minimum rate - 3.19% 
  • Loan to Value - Maximum 70%.
  • *Application Fee - £175 + Valuation Fee. 
  • Valuation Fees (Purchase) - Based on the greater of the purchase price or value of the property. (£0 for further advance and switch)
  • Valuation Fees (Remortgage) - Free for properties up to £500,000. For properties above £500,000 the standard valuation fee scale applies, less £330 discount. (£0 for further advance and switch)
  • Valuation Fees (Further advance and Product Switch) - £0
  • Valuation Fees (Multi Unit Freehold Blocks) - A separate valuation fee scale will apply for this property type. For purchase applications, the full Multi-Unit Freehold Block valuation fee scale will apply. For remortgage applications, a discount of £330 from the Multi-Unit Freehold Block valuation fee scale applies. 
  • ~Product fee - £999 for loans up to £500,000. For loans above £500,000 0.4% of loan amount.
  • Maximum loan - No maximum. Loans above £500,000 should be referred to us for specific agreement before submission of an application
  • Minimum loan - £45,000 for purchase and remortgage. £2,000 for further advance. No minimum for product switches.
  • Additional benefits:
     - ^Cashback
     - £100 for purchase and remortgage
  • Early Repayment Charges -  2% in the first year, 1% in the second year 
  • Additional criteria - You are required to open an Offset Saver account in conjunction with this mortgage. On completion of the mortgage, a cashback amount of £100 will be used to open your linked Offset Saver account.

See full details for fee details, documents you'll need, and more.

Comparing two mortgage products

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Note that products are subject to additional terms and subject to change. See a product's full details to find out more.