Your property may be repossessed if you do not keep up repayments on your mortgage.
Your steps to applying for a buy to let mortgage
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1
Find out if you're eligible
The following criteria applies for NatWest buy to let mortgage applications:
- You're a UK resident aged between 18 and 80
- Your expected rental income to be at least 125% of your monthly interest payments
- You have at least a 25% deposit, or 35% for any new build houses or flats
- The property is worth at least £50,000
- You're borrowing at least £25,000 over a minimum of 3 years
- Your total aggregated borrowing with NatWest brands will be less than £3.5 million
We will not consider multiple tenancies, Homes of Multiple Occupancy (HMO), bedsits, ‘Related Person’ tenancies, properties that fall under a selective licensing scheme or properties that will be used as a holiday home or holiday let
You cannot apply for a buy to let mortgage with us if you do not meet the above criteria
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2
If you're remortgaging a buy to let property, check how much is left to pay on your mortgage
Look at the latest mortgage statement you received from your current mortgage provider to see how much is left to pay.
Your current provider might ask for an Early Repayment Charge. Check your paperwork to see whether they apply. If you haven't yet thought about how you will pay off your current mortgage early, read our mortgage repayment guide.
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3
Compare our mortgage rates
Enter a few details into our mortgage calculator and we’ll show you all the NatWest mortgages that could be right for you, based on what you've told us.
Thinking of borrowing more? No problem, it's easy to vary the amounts in the calculator.
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4
Get an indicative decision
You’ll need to get an Agreement in Principle to see if we think we may be able to lend you the amount you require.
This isn't a firm decision, but it’s the most accurate result we can give you without performing a full credit check. It won't take long and it won’t affect your credit score.
Before you apply
What you need to have OpenClose
Eligibility info OpenClose
Credit checks OpenClose
What is the difference between a soft and a full credit check?
Apply Online
3 Buy to let properties or fewer
If you own 3 buy to let properties or fewer (including the one that you are looking to mortgage), you can complete your mortgage application online at your own pace and in the comfort of your own home.
Already Started? Pick up where you left off
Apply over the phone
4 Buy to let properties or more
If you own 4 or more buy to let properties (including the one that you are looking to mortgage) you will need to call us and make an appointment to speak to one of our mortgage professionals, on a phone or video call.
If you need additional assistance, get in touch so we can discuss your personal circumstances and understand how we can support you.
Call us on 0800 096 9527
Relay UK: 18001 0800 096 9527
Opening hours: Mon-Fri 8am-6pm, Sat 9am-4pm, Sun Closed. Excluding public holidays.
Already have a NatWest mortgage?
If you're already a NatWest mortgage customer, you won't need to resubmit paperwork, such as evidence of income, unless your circumstances have changed.
Log in to Manage Your Mortgage, see what offers are available and apply online.
All you need are your mortgage account number, name, date of birth and your postcode.