Here is an overview of Northern Rock’s buy to let mortgage deals:
- Maximum loan per property is £1,000,000
- Each customer could have up to 10 properties up to a total value of £3,000,000
- Required rental income must be 125% of interest
- Applicants must have a sole or joint annual salary of at least £25,000
- Mortgage repayments available are interest only, capital repayment or part and part
- Maximum loan to value (LTV) of 70% for new build flats or houses
- There can be up to 4 applicants per mortgage
- Certain buy to let products offer varying cash-back incentives
- Available to individuals only, not available to businesses
For quotes and/or advice on Northern Rock buy to let mortgage deals use the link above.
See below for a selection of current UK BTL mortgage deals: