Buy to Let
Our Buy to Let offering includes:
- Loans up to a maximum 80% LTV
- 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 fixed for less than 5 years: an ICR of 125% at 8.50% will apply (based on an interest only basis).
- For lower rate tax payers fixed for more than 5 years: an ICR of 125% at 6.25% will apply (based on an interest only basis).
- For higher rate tax payers fixed for less than 5 year: an ICR of 145% at 8.50% will apply (based on an interest only basis).
- For higher rate tax payers fixed for more than 5 years: an ICR of 145% at 6.25% will apply (based on an interest only basis).
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.