Buy-to-Let

Whether this is your first time considering a Buy-to-Let mortgage, or you are a landlord who is looking to expand your property portfolio, Beverley Building Society can help. We cater for both UK residents and Ex-Pats and our experienced mortgage team will be happy to discuss your individual requirements with you.

What we need:

• The property must be in the UK.
• Up to 70% loan size to the value of the property (LTV).
• Rental income must be at least 130% of the monthly mortgage payment, at the higher rate of 5.5%, or the current interest rate of the mortgage + 2%.
• You must have at least £20,000 income from non-rental income (£40,000 if Ex Pat).
• Private individual landlord (no entities)
• Minimum EPC rating of E. 
• If the landlord lives overseas, the name and address of a UK resident (family member or solicitor) will be required for the service of notices.
• The landlord may live in the following countries:
  Austria, Belgium, Bulgaria, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, Ireland, Italy, Japan, Kingdom of the Netherlands (The Netherlands, the Netherlands Antilles and Aruba), Latvia, Lithuania, Luxembourg, Malta, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovak Republic, Slovenia, South Korea, Spain, Sweden, Switzerland, United Kingdom*, and UAE.*Does not include UK Crown dependencies; the Isle of Man and the Bailiwicks of Jersey and Guernsey).

What we won’t allow:

• You must not have more than 3 Buy-to-Let properties already.
• Holiday Lets
• Mixed use
• First Time Buyers
• Second Charge
• Social Landlords