Top of main content

Buy-to-let mortgage

For rental properties in the UK

New to HSBC Expat? To benefit from our international mortgage products, you'll need to open an HSBC Expat Bank Account.

Helping you invest in 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 an HSBC Expat customer, who is looking to buy or refinance a buy-to-let property, our capital repayment or interest only mortgages could be the answer. 

Alternatively we can refer you to HSBC UK who also provide buy-to-let mortgages. As we discuss your mortgage needs we can give you an overview of all options to enable you to decide which option suits your needs best.

Filling in this form will complete the first part of your application and provide a Decision In Principle.

To benefit from our international mortgage products, you’ll need to open an HSBC Expat Bank Account.

What you'll get with the mortgage

  • Capital repayment or interest only

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

  • Tracker interest rate

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

  • Flexible repayment terms

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

Mortgage rates

The rate of interest you pay for the loan term.

Loan to value (LTV) Maximum loan size Tracker rate1
Variable rate2 Annual percentage rate (APR)3
Up to 60% LTV GBP 2,000,000 2.49%
5.49% 5.85%
Up to 75% LTV
GBP 1,000,000 2.99%
5.99% 6.38%

Mortgage rates

The rate of interest you pay for the loan term.

Loan to value (LTV) Up to 60% LTV
Maximum loan size GBP 2,000,000
Tracker rate1
Variable rate2 5.49%
Annual percentage rate (APR)3
Loan to value (LTV) Up to 75% LTV
Maximum loan size GBP 1,000,000
Tracker rate1
Variable rate2 5.99%
Annual percentage rate (APR)3

Representative example

Loan amount

GBP 500,000



Repayment term

20 years (240 months)

Representative interest rate

5.99% (2.99% over the Bank of England base rate of 3%4)

Monthly repayments

GBP 3,581 a month for capital repayment
GBP 2498.07 a month for interest only

Total amount to repay (capital repayment)

GBP 861,431.65

Things you should know

Interest only

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.

Capital repayment

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.

Loan term

The maximum loan term is 25 years.

Letting restrictions

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 are not able 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.

How to apply

Apply by phone

Speak to your Relationship Manager or call us.

Premier customers: +44 1534 616 081

Advance customers: +44 1534 616 082

Request a call back

Find out if you’re eligible to apply and receive a Decision In Principle, by using our enquiry form.

New to HSBC Expat

To benefit from our international mortgage products, you’ll need to open an HSBC Expat Bank Account.

Lines are open 24 hours a day. We may monitor and record calls to help us improve our service and for security purposes.
To find out how we use your personal information view our Privacy Notice.

1A rate tracked above the Bank of England base rate. 
2The interest you pay which is the Bank of England base rate of 3% as of 3 November 2022, plus the tracker interest rate.
3The overall cost in comparison to other mortgages based on £100,000 over 25 years.
4Rate as of 3 November 2022. The rate is subject to change.

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.



You might be interested in


Find out how you can get a mortgage to buy your dream home in another country.


Looking to invest in a property or buy a home in the UK? We could help bring your plans to life.


Our global connections can help you with an international mortgage application.

Listening to what you have to say about services matters to us. It's easy to share your ideas, stay informed and join the conversation.