Buy to Let mortgages

The number of Buy to Let or consent to let properties that you hold with a mortgage (excluding any residential mortgages) should be less than four. This includes the property you are purchasing or remortgaging.

Four or more Buy to Let or consent to let properties? You won't be able to apply directly with NatWest however you can review the whole of market using price comparison sites or by contacting a mortgage broker. So, if we’re unable to support your Buy To Let mortgage needs, you have other options available to you.

The following criteria applies for NatWest buy to let mortgage applications:

• You're a UK resident aged 18 or over.
• You have/will have less than four Buy to Let or consent to let properties with a mortgage. This includes the property that you are purchasing or remortgaging and excludes any residential mortgages.
• Your expected rental income to be at least 125% of your monthly interest payments.
• You have at least 25% of the purchase price of the property as a deposit.
  
• It's a UK property worth at least £50,000 and has the minimum EPC rating required depending on where it is located. See further details.
• You're borrowing at least £25,000 over a minimum of 3 years and a maximum of 35 years.
• Your total aggregated borrowing with NatWest group brands will be less than £3.5 million.

We will not consider multiple tenancies, Homes of Multiple Occupancy (HMO), bedsits, ‘Related Person’ tenancies, properties that fall under a selective licensing scheme or properties that will be used as a holiday home or holiday let.

You cannot apply for a buy to let mortgage with NatWest if you do not meet the above criteria.