Buy to Let mortgages

At Family Building Society we can assist with a mortgage if you are looking to purchase or remortgage a Buy to Let property. The minimum property value we would consider is £120,000 in England and Wales.

Please be aware that if you are an expat then the mortgage will need to be on an Interest-Only basis on one of our expat products.

Who can apply?

You can apply if you are aged 18 or over.

How do I apply?

• Step 1 - Start by contacting our New Business Team on 03330 140140 or by using the Call Me Back form. They’ll go over some basic information with you including how much you would like to borrow and what for. We’ll need to take details of the property, the tenancy agreement, the rent received to check that it fits our criteria.
• Step 2 – After our New Business Team have reviewed your circumstances, if we can consider the mortgage, we will then send to you a personalised illustration and application form which you can then return to us. Alternatively, you can apply via a broker.
• Step 3 – Submit your application along with any supporting documents (there is a list of what’s required on our application form) and the £175 Application Fee. There will be further fees associated with the product selected.
• Step 4 – Once the application has been assessed a valuation will be carried and then it will be underwritten and we will provide you with a Mortgage Offer. A copy of this will also be given to your nominated Solicitor who will contact you with some forms to be completed.
• Step 5 – Once your nominated Solicitor has carried out the necessary searches and received the forms back from you we can arrange to send the funds to them (this is called “completion”).