Buy to Let
Our Buy to Let offering includes:
- Loans up to a maximum 80% LTV (75% LTV for New Build flats)
- Maximum loan on an individual property up to £1m
- No minimum income requirements
- No maximum age criteria with a mortgage term of up to 25 years
- Split tax approach for affordability for lower and higher rate tax payers:
- For lower rate tax payers, an ICR of 125% @ 5.5% will apply or 125% @ 4.5% if the product is fixed for 5 years; and
- For higher rate tax payers, an ICR 145% @ 5.5% will apply or 145% @ 4.5% if the product is fixed for 5 years.
Buy to Let Infographic
Ready to make an application? You can find our latest products and full residential criteria details on our website.
How to apply
Apply online via the Newcastle Intermediaries website. Registration is required.
Minimum packaging requirements can be found on the 'What to send' form on our Useful Documents page.