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BUY TO LET MORTGAGES

If you’re interested in buying property to let, Principality can help feather your nest.

Ways to apply

In branch:
Book an appointment
By phone:
0330 333 4000

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> > Buy to Let Mortgages

Buying property to let

If you are a new buyer purchasing your first property to let or expanding your portfolio of property to rent out, Principality offer a range of buy to let mortgages with competitive buy to let mortgage rates through independant mortgage brokers.

Some Things You Should Know Before You Go Further

  • LTV - The maximum loan to valuation we will consider is 75%
  • Portfolio - We can only offer buy to let mortgages to applicants with a maximum of 5 rental properties, including the property associated with this application.
  • Location - The mortgage must be for a buy to let property in Wales or England
  • Rental Income - This should be at least 125% of the monthly interest payments

Buy to Let Mortgages Types

  • Fixed buy to let mortgage rates allow you to pay a fixed interest rate for a set number of years
  • Tracker buy to let mortgage rates are linked to the Bank of England Bank Rate for the first few years of your buy to let mortgage.
  • Discounted buy to let mortgage rates offer interest rates below our Standard Variable Rate (SVR) for the first few years of your buy to let mortgage

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Our full range of Buy to Let mortgage products

Initial rate Until Then standard variable rate Overall cost for comparison Product Fee Mortgage Commitment Fee More details
BTL Discount until 28/02/2018 70% LTV 2.75% 2.24% discount until 28/02/2018 4.99% 4.8% APR £0 £99 More about this product

Our Discount Mortgage could be for you:

  • Discounted rate until 28/02/2018
  • Borrow 70% of the value or purchase price of your property (LTV)
  • borrow between £25,001 and £250,000
  • Early repayment charge applies

 

BTL Discount until 28/02/2018 75% LTV 3% 1.99% discount until 28/02/2018 4.99% 4.8% APR £0 £0 More about this product

Our Discount Mortgage could be for you:

  • Discounted rate until 28/02/2018
  • Borrow 75% of the value or purchase price of your property (LTV)
  • borrow between £25,001 and £250,000
  • Early repayment charge applies

 

BTL Discount until 28/02/2018 60% LTV 2.5% 2.49% discount until 28/02/2018 4.99% 4.8% APR £0 £99 More about this product

Our Discount Mortgage could be for you:

  • Discounted rate until 28/02/2018
  • Borrow 60% of the value or purchase price of your property (LTV)
  • borrow between £25,001 and £250,000
  • Early repayment charge applies

 

BTL Fixed until 28/02/2018 60% LTV 2.1% Until 28/02/2018 4.99% 4.8% APR £895 £99 More about this product

Our Buy To Let Fixed Mortgage could be for you:

  • Discounted rate until 28/02/2018
  • Borrow 60% of the value or purchase price of your property (LTV)
  • borrow between £25,001 and £250,000
  • Early repayment charge applies

 

BTL Fixed until 28/02/2018 60% LTV 2.65% Until 28/02/2018 4.99% 4.8% APR £0 £99 More about this product

Our Buy To Let Fixed Mortgage could be for you:

  • Discounted rate until 28/02/2018
  • Borrow 60% of the value or purchase price of your property (LTV)
  • borrow between £25,001 and £250,000
  • Early repayment charge applies

 

BTL Fixed until 28/02/2018 75% LTV 2.65% Until 28/02/2018 4.99% 4.9% APR £895 £99 More about this product

Our Buy To Let Fixed Mortgage could be for you:

  • Fixed rate until 28/02/2018
  • Borrow 75% of the value or purchase price of your property (LTV)
  • borrow between £25,001 and £250,000
  • Early repayment charge applies

 

BTL Discount until 28/02/2019 75% LTV 3.2% 1.79% discount until 28/02/2019 4.99% 4.8% APR £0 £0 More about this product

Our Buy To Let Fixed Mortgage could be for you:

  • Discounted rate until 28/02/2019
  • Borrow 75% of the value or purchase price of your property (LTV)
  • Borrow between £25,001 and £250,000
  • Early repayment charge applies

BTL Fixed until 28/02/2019 75% LTV 2.95% Until 28/02/2019 4.99% 4.8% APR £895 £99 More about this product

Our Buy To Let Fixed Mortgage could be for you:

  • Discounted rate until 28/02/2019
  • Borrow 75% of the value or purchase price of your property (LTV)
  • Borrow between £25,001 and £250,000
  • Early repayment charge applies

Ways To Apply

  • Phone icon 0330 333 4000

    We're always happy to hear from you.

  • Visit us in branch

    Meet up with us. We're happy to help.

By calling us or visiting one of our branches across Wales and the Borders one of our mortgage consultants will be able to assess your circumstances and recommend a mortgage that is appropriate to your needs.

IF YOU FAIL TO KEEP UP WITH PAYMENTS ON YOUR MORTGAGE A ‘RECEIVER OF RENT’ MAY BE APPOINTED AND/OR YOUR RENTAL PROPERTY MAY BE REPOSSESSED.

To help us maintain our service and security standards, telephone calls may be monitored or recorded. Your personal details may be used by Principality Building Society to contact you about your application.

Principality Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, reference number 155998.