MORTGAGES

Renting out your home

Discover what’s best for you

Depending on your needs, there are different ways you could rent out your home⁽¹⁾. Find the right option for you.

Ways of renting out your home

Depending on how long you plan to rent out your home, there are different options you might want to consider.

Buy-to-let mortgages

Approval needed

Permission to let

Approval needed

Holiday let

No approval needed

Buy-to-let mortgages

If you’re planning to permanently rent out your home, you’ll need to apply for a buy-to-let mortgage⁽²⁾

This could be right for you if:

You won’t live at the property while it’s rented out
You’re planning to rent out the property for the foreseeable future, with no intention to move back in
You’re planning to become a landlord.

Buy-to-let mortgages

Permission to let

If you need to relocate for work, or to take care of a loved one, temporarily renting your home out can help you keep up your mortgage payments. To do this, you’ll need to apply for permission to let from us.

This could be right for you if:

You won’t live at the property while it’s rented out
You’re planning to move back into the property at the end of the tenancy
The tenancy won’t extend beyond the end of your mortgage.

Apply for permission

Holiday lets

No approval needed

If you’re planning to rent out your property for less than 31 consecutive days at a time, a holiday let could be right for you.
For more information on holiday lets, use our approved online short-term occupancy platform, Airbnb.

Important information

Your home may be repossessed if you don’t keep up repayments on your mortgage.^{(Return to reference)}
Subject to application, financial circumstances and borrowing history. T&Cs apply.^{(Return to reference)}