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Buy-to-let mortgages

Looking to grow your rental property portfolio? A buy-to-let mortgage could help. Whether you’re just starting out, or you’re looking to switch your current buy-to-let mortgage deal, we have a range of offers that could help you take the next step.​

The Halifax brand is changing to Lloyds

Learn about the brand change and how it affects Halifax mortgages.

 

Bank on Lloyds for your new mortgage

Halifax and Lloyds are part of the same family of brands. New mortgage customers can apply for a Lloyds mortgage online and you'll have access to the same wide range of options.

Existing Halifax mortgage customers should still apply for a Halifax mortgage.​

Lloyds mortgages

Existing Halifax mortgage customers


Any Halifax mortgage applications you've already started will continue.​

What is a buy-to-let mortgage?​

You’ll need a buy-to-let mortgage if you’re buying a property to rent out. A buy-to-let mortgage can be taken on a repayment or interest-only basis.

A repayment mortgage repays part of the loan plus interest each month until the loan is fully repaid. An interest-only mortgage only repays interest each month. At the end of the term you must repay the full loan amount borrowed.
 

More about buy to let

About buying to let​

  • It’s a long-term investment – a rental property could be a worthwhile investment in the longer term, but it's not risk free.​
  • We’re here to help - we’ll talk you through our buy-to-let mortgage offers, to make sure you've got all the information to get started.​
  • We have mortgage deals to suit your needs - your rental income must cover the mortgage interest, plus any associated fees and costs.
  • Keep in mind costs and charges – make sure you factor in costs such as tax, home insurance and costs for general repair and upkeep of the property.

We can only give you information about our range of mortgages. We can't help you decide if a buy to let is right for you as a longer-term investment.

4 steps to getting a buy-to-let mortgage

If you’re looking to buy a rental property, you could apply for a buy-to-let mortgage. Follow our 4 simple steps to get you on the right path to buy to let. ​
 

1. Check if you can apply

Check if your circumstances are suitable before applying for a buy-to-let mortgage. Get an idea of how much you could borrow, and work out the costs of buying, running and maintaining your rental property.

Could I apply?

2. Browse our rates

Buying a new buy-to-let property, want to borrow more, or want to switch your current deal? Compare our current buy-to-let mortgage interest rates to find the right deal for you.

View buy-to-let rates

3. Apply for an agreement in principle

You’ll need to speak to a mortgage and protection adviser to apply for an agreement in principle. This confirms how much you could borrow, which can help show estate agents you’re a serious buyer.​

Call us Call us.

4. Complete your application

Once you’ve had an offer accepted or found a new buy-to-let deal you like, you’re ready to start your mortgage application.

You'll need address details for the last 3 years, employment and income details for the last 18 months, plus details of any other financial commitments.

Apply by phone

Call us to talk to a mortgage and protection adviser and apply over the phone.

What happens next?

Conveyancing and exchange of contracts

This is the legal side of buying and selling a property.

A solicitor or licensed conveyancer will help you with this part of the buy-to-let purchase process.

Conveyancing and exchange of contracts

Landlord obligations

As a buy-to-let landlord, you’ll have several responsibilities to consider alongside your mortgage. This includes:​

  • tenancy agreements​
  • tenancy deposits​
  • repair and maintenance costs. ​

​Learn more about landlord obligations

Landlord insurance

You’ll also need to think about insurance for your buy to let property or rental portfolio. Landlord insurance can help protect your property, furnishings and rental income if an insured event happens.

Find landlord insurance

Already a Halifax buy-to-let customer?

Looking to cover any property improvements?​ Find out if you could switch to a new buy to let mortgage deal or borrow more.

Switch to a new deal ​

Borrow more

Remortgage your buy to let to Halifax

Remortgage your buy to let mortgage to Halifax and see if you could get a better deal with us. ​

View our remortgage rates​

Learn about remortgaging to us

You might also like

What is an interest-only mortgage?

Find out how interest-only mortgages work, so you know what to expect from your buy-to-let mortgage.​

Interest only mortgages

Can I rent out my home?

Discover whether you can rent out your home. Find out how to apply to rent out your home with a Halifax mortgage.​

Renting out your home

What is a landlord responsible for?

Learn more about what a landlord is responsible for when renting out a property.

Landlord responsibilities​

Mortgages

Find and apply for the right mortgage with a little help from us. Whether you want to take that first step or plan your next move, your search starts here.

Mortgages

Mortgages

Find and apply for the right mortgage with a little help from us. Whether you want to take that first step or plan your next move, your search starts here.

Mortgages