buy to let mortgages

Santander Buy to let

Information on this page is for information purposes only. It is not intended as investment advice

Santander - Buy to let Criteria in brief

We have not checked the contents of this page with the lender. You should not rely on the contents. If you would like to know whether you are likely to qualify for a buy to let mortgage with Santander please fill in Your Enquiry

  • Borrowers must be homeowners – not first time buyers
  • One applicant should have a minimum income of £25k. This cant be rental income or benefit income
  • You will need a minimum 25% deposit (30% for new build flats)
  • The maximum loan is £750k

Santander buy to let advantages

  • Santander will consider lending to Portfolio landlords with up to 10 properties. Maximum 3 with Santander
  • Competitive fixed rates and a low standard variable rate
  • Free basic valuation and standard legal fees paid (remortgage only)
  • Agreement in principle with a soft footprint
  • Remortgages to raise money for personal use including debt consolidation
  • Lettings to housing associations or local authorities are considered

Santander buy to let restrictions

  • Santander are quite strict regarding adverse credit
  • Buy to let remortgage applications are only accepted from Portfolio landlords if there is no capital raising
  • Portfolio landlords are not accepted for buy to let purchase mortgage applications
  •  Santander dont accept mortgage applications from Limited companies
  • This mortgage is NOT suitable for a holiday let

How to Apply for a Buy to let mortgage with Santander

We can arrange a buy to let mortgage with Santander

Providing your mortgage is at least £100k there are NO Broker fees to pay

Please complete Your enquiry now!