Buy to Let Mortgages

Barclays brings you a range of Buy to Let mortgage deals that could appeal to you.

Barclays' Buy to Let mortgages aim to simplify buying an investment property. With our help, we could help you find the ideal Buy to Let mortgage – you just have to find the ideal tenants!

Barclays' Buy to Let mortgages aim to make the process of choosing a mortgage as easy as possible. We could offer you a range of borrowing options, and may be able to choose a Buy to Let mortgage repayment period from 5 to 25 years.

Moreover, when considering a Buy to Let mortgage it's important to remember that you view your Buy to Let property as an investment.

Mortgages you don't need a degree to understand

You can choose a Buy to Let mortgage in your private name (whether you are a UK Resident, Non UK Resident or Expatriate) or as a combination of private individuals (up to 4 applicants allowed).

Applications for new Special Purpose Vehicle (SPV) Limited Companies and/or Limited Liability Partnerships will no longer be accepted, however we will continue to accept applications from our existing Woolwich BTL SPV and LLP mortgage customers.

Buy to Let mortgages can be for 5 to 25 years.

Choose repayments on an interest-only and/or capital repayment basis.

We'll consider loans of £35,000 up to £1m (subject to product availability) on an individual property.

You may borrow on an unlimited number of properties within our Buy to Let cap of £5 million (subject to formal approval).

You can choose from a range of Buy to Let Mortgage products including Fixed and Tracker options. View our latest deals.

Overpayments up to 10% can be made without incurring an early repayment charge (terms and conditions apply to certain products).

We don't have a maximum age restriction, but you will need to be at least 21.

All mortgages are portable so you can move your Buy to Let mortgage to another Buy to Let property.

Your property will need to generate sufficient annual rental income to cover your annual interest mortgage payment. The rent cover we will require is 125% calculated on the initial pay rate of the product you select

Buy to Let mortgages should be viewed as a medium to long-term investment opportunity - the value of property can go down as well as up.

Ensure you thoroughly research a prospective Buy to Let property and seek advice from local letting agents about its suitability for letting, level of current demand and anticipated rental income. Consider potential for other letting methods.

Consider all the costs which may be involved (such as solicitors' fees, stamp duty, letting agency and management fees, building insurance, ground rent/service charge for leasehold flats, maintenance/repairs to the property) into your calculations.

Consider the implications on your tax affairs. We recommend you consider taking professional tax advice from an accountant or discussing with your tax office

Make provisions for how you would make your monthly Buy to Let mortgage repayments in the event of your Buy to Let property being empty, your tenants failing to pay or if interest rates rise.