Person considering the costs of a buy to let property.
Buy to let Mortgages
Buying or Changing deal?
Find out how much you could borrow, your monthly costs and ways to apply
Agreement in Principle
Your property may be repossessed if you do not keep up repayments on your mortgage
Royal Bank mortgages are available for over 18s
Am I eligible for a Buy to let mortgage ?
The following criteria applies for Royal Bank Buy to let mortgage applications:
✔ You need to be a UK resident aged between 18 and 70
✔ You need at least a 25% deposit, or 35% for any new build houses or flats
✔ You must be borrowing at least £25,000 over a minimum of 3 years
✔ You must currently own no more than nine Buy to let properties, and your maximum borrowing amount cannot exceed £3.5 million
✔ The property you wish to purchase, or remortgage to us, must be habitable and worth at least £50,000 and no more than £500,000
You cannot apply for a Buy to let mortgage with us if you do not meet the above criteria.
Please note, we cannot offer a mortgage where the household will have or has multiple occupants, or multiple tenancies.
It's an indication of what we could lend to you.
In addition you can review potential monthly repayments and a get Mortgage Illustration.
It is also the first step in applying for a Buy to let mortgage online.
Eligibility Criteria
Please review our eligibility criteria, below, to make sure we could support your application.
Online or by booking an appointment
You can apply online or book to speak to one of our advisers over the phone or in a branch. Whatever way suits you best.
Review the options, choose your route and get started today.
See what customers are asking us when looking for a Buy to let mortgage with the Royal Bank.