Specialist buy to let and HMO mortgages.
- First-time landlords welcome
- No minimum income requirements
- On a huge range of property types
What makes us different
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Trusted
With nearly 50 years of lending experience under our belts, you can trust us to get things right for you. -
Open-minded
Unlike many, we lend on properties like ex-council properties, high-rise flats and those made of non-standard materials. -
Common sense
You're more than a credit score. If the sums show that you can afford the property, we do our best to make it happen. -
Smart
Receive updates on your application, upload files & e-sign most documents to open your Together account - all using our secure app.
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£2.5m
Borrow up to £2.5m -
4 to 30 years
Terms available from 4 to 30 years -
8.45%
Rates from 8.45%/annum -
75%
Borrow up to 75%* of the property's value
Consolidating unsecured debts with secured lending may increase the amount repaid overall.
Specialist buy to let finance can help you achieve your rental ambitions
So if your property has potential as a student let or houseshare, talk to us. Whatever the situation, we won't insist you have any past experience as a landlord. And we can take up to 90% of projected rent (plus any other income you have) into account when calculating what you can afford.
We could even help if:
- It’s an ex-council property, and/or made of non-standard materials (e.g. concrete).
- You’re self-employed, work several jobs, or have already retired.
- You’ve got a less-than-perfect credit history.
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✓
Fixed and variable rate options -
✔
Interest-only options available -
✓
Limited company applicants accepted, with no premium -
✓
No limit on the size or value of your portfolio -
✓
Other sources of income, and up to 90% of projected rent taken into account for affordability -
✓
Secure against one or several properties
Common questions about Specialist buy to let properties
How much can I borrow for a buy-to-let mortgage with Together?
We offer buy-to-let mortgages of anywhere from £50,000 to £2m – and sometimes more! If you want to borrow a large amount (i.e. over £500,000) we may or may not insist on you putting in a larger deposit or more equity.
How much deposit do I need for a buy-to-let mortgage with Together?
We have several Buy to Let mortgage products, and the minimum deposit (or equity, if you're remortgaging) we insist on varies based on the property and your circumstances. As an absolute minimum, you'll need to put in 25% of the property's value.
However, if you also own other properties and have sufficient equity, we may be able to use these as additional security to lend you 100% of the value of your new purchase.
How many buy-to-let mortgages can you have?
There’s no strict limit, but some mortgage lenders will put a limit on how many mortgages (or how much you’ve borrowed overall) they’ll let you have. Here at Together, we have no such limits.
Some investors who own lots of rental properties may instead decide to have one very large mortgage that covers all of them, so they have a single monthly payment to meet.
This is known as a portfolio buy-to-let mortgage and is secured against all of their properties at the same time, and is something we also offer.
Can a first-time buyer have a buy-to-let mortgage?
Yes, we’ll consider applications from first-time buyers for a Together Buy to Let mortgage and treat them the same as anyone else. This includes both first-time property investors and people who’ve never owned their own home as well.
What fees will I have to pay on a Together Buy to Let mortgage?
We charge an Arrangement Fee, and some of our Buy to Let mortgages include an Early Repayment Charge, which you'll pay if you elect to remortgage with another lender or repay your loan in full before the term ends.
We also charge a Redemption Administration Fee when you 'redeem' (i.e. fully repay) your mortgage, to cover costs associated with closing your account and dispensing our legal claim to your property.
All of these fees can vary, so we'll ensure that the fees that apply to your particular mortgage are clearly explained before you sign on the dotted line.
Other fees and charges may be applied to your account during the life of your mortgage, in relation to the management of your account (for instance, if you fall behind on your monthly payments). These are all explained in our Tariff of Charges.
Ready to talk?
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