Buy to Let

If you want to borrow money to buy a house to rent out, you'll need a Buy to Let mortgage. Our Buy to Let mortgages rates can be fixed or variable rate, and your property will need to meet Skipton’s Buy to Let mortgage lending criteria. Let’s take a look.

Our Buy to Let criteria

Here’s what you need to know:

  • the property will need to achieve a minimum rental income in relation to the mortgage payment.
  • the maximum loan we offer is £1m.
  • there’s no charge for a standard mortgage valuation for mortgage purposes where the property is worth less than £1.5m. This applies to buying a new house or remortgaging.
  • our Buy to Let mortgages enable you to build a portfolio of up to ten properties (maximum of five mortgaged with Skipton), with a total borrowing of £3,000,000 with us.

New to Buy to Let?

Whether it's your first time applying for a Buy to Let mortgage or whether you already own properties to let, our experienced team is here to help you navigate our Buy to Let rates, ranges and criteria.

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.

Find a mortgage

Use our online tool

Our mortgage finder is designed to help you search our mortgage range for a deal that could be right for you.

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*To help maintain service and quality, some telephone calls may be recorded and monitored.

Site intended for UK residents only. Skipton Building Society is a member of the Building Societies Association. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under registration number 153706, for accepting deposits, advising on and arranging mortgages and providing Restricted financial advice. Principal Office, The Bailey, Skipton, North Yorkshire, BD23 1DN.

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