Buy to let mortgages for everyone

Need To Know
  • New fixed rate cash ISAs

Mortgages for property you plan to let

Whether you’re an accidental landlord where a change in circumstances has left you with an existing property to rent, or looking to benefit from regular rental income by purchasing a property specifically to rent out, we can help.

Our buy to let mortgages are available for borrowing up to 75% of the property value, and are suitable for new property purchases and remortgages. Our expert mortgage advisors will be able to advise how much we can lend you and answer any other questions you might have.

Our buy to Let mortgages are available to applicants with any occupation - not just for teachers and education professionals.

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

Variable rate mortgages

Deposit % Term Initial interest rate Follow on
rate
Overall cost for
comparison
Max LTV Arrangement
fee
Application
fee
25% 2 years 3.89% 6.39%
after 2 years
6.3% APRC 75.0% £899.00 £99.00

You might be wondering why a teacher specific building society offers Buy to Let mortgages to other professionals. It’s a good question. There are two reasons. Firstly, (like all lenders) it is our duty to keep both our business and your money safe, and to do that we follow regulator rules around how many of our mortgages are to borrowers with small deposits and how many are to people with much bigger deposits. Offering buy to let mortgages (requiring at least a 25% deposit) balances out the small deposit mortgages we offer to teachers. Secondly, we think having a specialism – like lending to teachers – is a really good thing. So instead of offering our lowest deposit mortgages to the masses, we decided to apply our specialist knowledge to the buy to let market.

Mortgages with a purpose

Find out how the Society supports people and the planet

Making history, not just teaching it

We've been lending since the 1960s, read more about our rich roots

PLEASE NOTE: MORTGAGES ARE SECURED ON YOUR HOME. YOU COULD LOSE YOUR HOME IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE. TERMS AND CONDITIONS APPLY. MORTGAGES ARE SUBJECT TO UNDERWRITING AND CRITERIA. PLEASE CONTACT US FOR FULL DETAILS.

Ready to apply?

Arrange an appointment with one of our mortgage advisors