NatWest Buy to Let Mortgage

Find the best buy to let mortgages for your circumstances

See whether you can save money on your NatWest BTL mortgage using our independent service or you can call us on 0117 980 7743 (8.30am to 6pm – Monday to Friday)

NatWest Buy To Let Mortgages

Natwest buy to let lending criteria is outlined below:

• Up to £3.5 million loan advance
• Minimum property value – £50k
• Maximum LTV – 75%
• Maximum age of 65 at end of mortgage
• Lending coverage – UK
• Interest calculated – Daily

How much can you borrow on a NatWest buy to let mortgage?

Before you start looking at properties, it is advisable to get an idea of how much you might be able to borrow.

Buy to Let Mortgages differ from standard residential mortgages because the amount you can borrow does not depend on how much you earn. A minimum salary  (typically £25,000)  may be required, but this is down to lender criteria.

Most buy to let mortgage providers will base their decision on your expected future rental income to make sure that your monthly repayments are covered.

The Mortgage Credit Directive legislation means that NatWest will  review the affordability of a landlord to make sure they can cover mortgage repayments and other property costs when you are in between tenants and consequently not receiving rent.

As part of your application NatWest will carry out future stress testing  to confirm that you can still afford mortgage repayments  if interests rates go up.

Compared to residential mortgages a Buy to Let Mortgage will typically require a higher deposit e.g. 25% or more . The lowest mortgage rates from NatWest are available for landlords who want to borrow 50% or less of the property value.