Buy to Let

If you already have one of our BTL mortgages you can change your deal directly with us when it's ending. New customers can only access our range through a Broker.


 

I don't have a Santander Mortgage and I want to get a Buy to Let mortgage
 

Our BTL mortgages are only available to new customers from a Broker.

A ‘mortgage broker’ will assess available mortgages and tell you which is the most suitable.

They can help you decide if BTL is right for you. Please speak to a mortgage broker for advice.

Things to remember before you start:

  • £25,000 minimum income for at least one applicant.
  • max LTV of 75%
  • minimum age – 21 years old
  • maximum age – 85 years old

We do not offer additional loans on  BTL mortgages.

Find a mortgage broker

Changing my existing Buy to Let mortgage
 

If your Santander Buy to Let mortgage is coming to an end you can change your deal online or over the phone. Our rates are the same.

You can change your deal if you’re:

  • within 6 months of the existing deal coming to an end, or
  • on a mortgage product without an early repayment charge, or
  • on our Standard Variable Rate or Follow-on Rate

We do not offer additional loans on BTL mortgages. 

See the change your mortgage page for full details on how to change your deal

I have a Santander mortgage and would like to let my property

 

You may be able to let your property if:

  • you’ve had your Santander mortgage for more than 6 months; and
  • you’re not in arrears on your mortgage payments.

We do not offer additional loans on Consent to Let mortgages.

If you’d like to know more, see the specific conditions for letting your property (PDF - 50 KB)

You'll need to pay a fee of £295 if you want to go ahead with letting your property.

To apply you can complete a letting your property form (PDF - 35 KB) and send it to us.

Or speak to a member of our mortgage team on 0800 917 5630 Lines are open 9am to 6pm Monday to Friday and 9am to 2pm Saturday.

Other things to consider for landlords

Landlord responsibilities

 

There’s things you need to consider when letting a property. You can find out what your responsibilities are as a landlord on the government’s renting out a property pages

Portfolio landlords

 

If you have 4 or more mortgaged Buy to Let properties, you’re a portfolio landlord. You’ll be able to switch to a new product once your existing deal expires (subject to standard criteria), but we won’t be able to offer you a Buy to Let mortgage on a new property.

Paying tax on your let properties

 

For information about tax and national insurance on rental income visit the paying tax section on the government’s renting out a property pages.

Energy Performance Certificate

 

An Energy Performance Certificate (EPC) gives information about a property’s energy use and typical energy costs.

Buy to Let properties in England and Wales are required to have a rating of ‘E’ or above, unless they are exempt from the regulation. For more information on exemptions visit the government guidance on energy efficiency standards

You can check if your Buy to Let property has a valid certificate by using the services below.

England and Wales energy performance certificate

Scotland energy performance certificate

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Applications are subject to status and lending criteria. Applicants must be UK residents aged 21 or over.

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