Ask a question

What is a Buy to Let mortgage?

If you're planning to buy a property to rent out, you'll need to get a Buy to let mortgage. Or if you're living in a property that you have a mortgage on and you'd like to move and rent it out, you may need to switch to a Buy to let mortgage, you should speak to your provider to find out.

If you are a Royal Bank of Scotland customer, speak to us to find out if you can rent out your property with your current mortgage (with our permission) or if you'll need to switch to a Buy to let mortgage. The minimum deposit for a buy to let mortgage is usually about 25% of the property's value, though this varies by lender.

To find out more about the Buy to let process, take a look at our Buy to let section (opens in a new window).

Your home may be repossessed if you do not keep up repayments on your mortgage