Buy-To-Let Mortgages | Buy Home To Rent In UK

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Buy-to-let mortgage

Looking for a mortgage to buy UK rental property?

Buy-to-let mortgages allow you to invest in the property market by purchasing homes in the UK to rent to tenants.

If you're looking to buy or refinance a buy-to-let property, HSBC Expat capital repayment or interest-only mortgages could be the answer. We can also refer you to HSBC UK, which offers additional buy-to-let mortgages for UK properties.

Get started for an HSBC buy-to-let mortgage

Why take out a home loan with us?

Capital repayment or interest only

Choose whether to pay off the loan and interest each month or just the interest.
Flexible repayment terms

No charge if you make overpayments or repay your loan early.

Tracker interest rate

Set at an agreed percentage above the Bank of England base rate for the term of the loan.

Rate information

Rates
Loan to value (LTV)	Maximum loan size	Tracker rate[@trackerrate]	Variable rate[@variablerate]	Annual percentage rate (APR)[@mortgageapr]
Up to 60% LTV	GBP 2,000,000	2.49%	7.49%	7.82%
Up to 75% LTV	GBP 1,000,000	2.99%	7.99%	8.36%

Rates
Loan to value (LTV)	Up to 60% LTV
Maximum loan size	GBP 2,000,000
Tracker rate[@trackerrate]	2.49%
Variable rate[@variablerate]	7.49%
Annual percentage rate (APR)[@mortgageapr]	7.82%

Loan to value (LTV)	Up to 75% LTV
Maximum loan size	GBP 1,000,000
Tracker rate[@trackerrate]	2.99%
Variable rate[@variablerate]	7.99%
Annual percentage rate (APR)[@mortgageapr]	8.36%

Representative example
Loan amount	LTV	Repayment term	Representative interest rate	Monthly repayments	Total amount to repay (capital repayment)
GBP 500,000	70%	20 years (240 months)	7.99% (2.99% over the Bank of England base rate of 5.00%)[@quotedrate]	GBP 4,181.96 a month for capital repayment GBP 3,332.38 a month for interest only	GBP 1,005,612.92

Representative example
Loan amount	GBP 500,000
LTV	70%
Repayment term	20 years (240 months)
Representative interest rate	7.99% (2.99% over the Bank of England base rate of 5.00%)[@quotedrate]
Monthly repayments	GBP 4,181.96 a month for capital repayment GBP 3,332.38 a month for interest only
Total amount to repay (capital repayment)	GBP 1,005,612.92

Things to know

Who can apply?

We're unable to provide mortgages to residents in all countries.

Applications are subject to confirmation that you meet borrower eligibility criteria and depending upon your country of residence, individual circumstances and your requirements.

Monthly payments are lower on an interest-only mortgage as you just pay the interest on the loan each month, not the capital. When you apply, you must show you have a means to pay back the loan at the end of the term. For example, you could have an endowment policy, an investment or a savings plan which matures when the loan ends.

With a capital repayment mortgage, monthly payments are higher as you pay the interest and capital on your loan each month. At the end of the term, the loan is paid off if all payments have been made.

Properties must be let under Assured Shorthold Tenancies (ASTs) or through a Company Let Agreement where a company takes on a residential tenancy agreement as the tenant on behalf of an employee.

If we offer you a mortgage, you'll receive a Key Facts Illustration (KFI) which states the fees you'll need to pay. We charge:

an arrangement fee of GBP 1,797 to secure your mortgage deal and/or for administration costs. The fee is 50% on second and third mortgages and there is no fee for remortgages
a security fee of GBP 145
a standard valuation fee for valuing the property so we can decide if the property is safe to lend on

We don't charge a completion fee for the electronic transfers of funds or an exit fee if you repay your mortgage early.

HSBC Expat Buy to Let Rates (PDF, 425KB) Download

Ready to apply?

Already with Expat?

Find out if you're eligible to apply by using our enquiry form. Submitting this form will complete the first part of your application and provide a Decision In Principle.

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New to Expat?

You'll need to open an Expat Bank Account to benefit from our international mortgage services, including support with buying a buy-to-let property in the UK.

Explore our Expat Bank Account

By phone

If you're already a customer, contact your Relationship Manager to find out more about buying a buy-to-let property in the UK.

Premier customers: +44 1534 616 081

Advance customers: +44 1534 616 082

If you're eligible to apply, you can request a call back using our enquiry form. We'll be in touch once it's been reviewed.

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HSBC Expat customers

Please have your 10 digit PBN and six digit PIN to hand before you call. If you can't remember either of these options, please have your personal details with you as our agents may need to confirm your identity.

HSBC Premier customers call: +44 1534 616 313

HSBC Advance customers call: +44 1534 616 212

HSBC Hong Kong residents (local call rate) call: +852 2822 3133

Not yet a customer of HSBC Expat?

Call: +44 1534 616 055

Additional information

All mortgages are subject to status and eligibility criteria.

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

You should always think carefully before purchasing a buy-to-let property. The value of a property is a matter of opinion and not a matter of fact, not all properties will grow in value or provide sufficient income to cover all your associated costs. You will be responsible for your costs even if you do not have a tenant. Property can also be difficult to sell and you may not be able to sell quickly if you need to do so.

Mortgages on UK properties may not be available to residents of all countries.

UK buy-to-let mortgages

Looking for a mortgage to buy UK rental property?

Why take out a home loan with us?

Rate information

Things to know

Who can apply?

Interest only vs capital repayment

Loan term

Letting restrictions

Fees

Important documents

Ready to apply?

Already with Expat?

New to Expat?

Other ways to apply

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