Buy to Let

If you want to borrow to invest in property and buy a house to let, you'll need a Buy to Let mortgage.

Buy to Let mortgages can be fixed rate or variable rate. To qualify for one of our mortgages, the property will need to achieve a minimum rental income in relation to the mortgage payment. Our Buy to Let mortgages enable landlords to build a portfolio of up to 5 properties, with a total borrowing of £3,000,000, with the Society.

IF YOU FAIL TO KEEP UP WITH PAYMENTS ON YOUR MORTGAGE A 'RECEIVER OF RENT' MAY BE APPOINTED AND/OR YOUR RENTAL PROPERTY MAY BE REPOSSESSED. MOST BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FCA.

Once the fixed, discounted or tracker period of the mortgage ends, the interest rate you pay will change to the Residential Mortgage Variable Rate (RMVR), (or if you have a Buy to Let Mortgage, the Buy to Let Variable Rate (BMVR)) which was  introduced on 14 November 2012. These are different interest rates to the Society's Residential Standard Variable Rate (RSVR) or Buy to Let Standard Variable Rate (BSVR) although both MVR’s and SVR’s are set by the Society. These interest rates may change by different amounts at different times. RMVR and BMVR do not have any ceiling. For further details please see Skipton Variable Rates page.

IF YOU FAIL TO KEEP UP WITH PAYMENTS ON YOUR MORTGAGE A 'RECEIVER OF RENT' MAY BE APPOINTED AND/OR YOUR RENTAL PROPERTY MAY BE REPOSSESSED. MOST BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FCA.

How to buy a house - our guide

Here’s our step-by-step guide to buying a house.

Find out more

Our Affordability Calculator

Our quick calculator will give you an idea of how much you might be able to borrow.

How much could you borrow?

Skipton Mortgage Range

We can help you to find a mortgage from our range.

See our mortgage range
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