Notices

  • With more prizes available in the Monthly Free Prize Draws - effective from 1 October 2024. Find out more here

    New Windfall Bond account holders: Newly opened accounts need to be fully funded and nominated bank details registered before the end of August in order to be eligible for entry into the October Prize Draw.

    Existing Windfall Bond account holders: Current Windfall Bond account(s) will automatically be entered into the October Prize Draw; until then the prize draws will continue as normal.

  • We have recently updated our 'How We Use Personal Information' leaflet – with improvements to the transparency of the document and a new section on fraud prevention agencies. The Credit Reference Agency Information Notice (CRAIN) has been removed from the leaflet and instead we provide details of the credit reference agencies’ websites to access this. You can view the latest Privacy notice here.

  • Savings: Interest rates for Windfall Bond and Tracker Savings Bond will decrease by 0.25% from 1 September 2024. We will be writing to all customers individually to confirm the new rates.

    Mortgages: Tracker mortgages will change on 25 September 2024 and we will write to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage.

    (Notice updated 05/08)

Buy to Let mortgage eligibility form

Find out how much you might be eligible to borrow with our Buy to Let mortgage eligibility form.

The mortgage will be secured on your property.
Your property may be repossessed if you do not keep up repayments on your mortgage.

This Buy to Let mortgage eligibility form has been designed to help us provide you with an estimation of how much you might be eligible to borrow. An estimation does not reserve funds for any specific product.

A response will be emailed back to you, normally within one business day and is valid for the following 14 days.

We must be satisfied that you are able to demonstrate a current track record (minimum 12 months) for either mortgage or rent payments. If you are not familiar with the lettings market and a landlord's responsibilities, a professional managing agent must be appointed for the letting. You must be either gainfully employed or have investment, pension or other income. Proof of income may be required.

Please note that the property to be mortgaged must be located in England or Wales. Most forms of Buy to Let mortgage are not regulated by the Financial Conduct Authority (FCA).

If you have any queries, please call our New Business Team on 03330 140140.

* Indicates required information

 

Applicant 1

Are you an expat? *

Have you ever:

Applicant 2

Are you an expat? *

Have you ever:

Property details

Will the property be occupied by any of the borrowers or any of their family members? *

If you have answered yes to the above, we cannot consider for a Buy to Let mortgage
Will the property be let on an Assured Shorthold Tenancy (AST) agreement? *

Will the property be let to students, let on a tenancy with more than four named tenants, let as a House in Multiple Occupation (HMO), or let to somebody with diplomatic immunity? *

If you have answered yes to the above, unfortunately we cannot consider
In the event of a rental void, could you afford to pay the mortgage for at least a 3 month period from your own income?

Is the property a Consumer Buy to Let? (i.e. Have you accidentally found yourself with a property to rent out – e.g. through an inheritance?) *

Note: Please be aware that if you are an expat, the mortgage will only be available on an Interest-Only basis.

 

 

Additional information

We use and retain details about you to respond to your enquiries, for research or analysis, and to check for mortgage eligibility. To find out more, you can read our privacy policy.