If you’re considering becoming a buy to let landlord or looking to expand or improve your current portfolio, there’s a lot to consider.

At The Mansfield we offer fixed rate and discounted variable rate Buy to Let mortgage products for landlords throughout England, Wales and Scotland, subject to postcode restrictions and product availability in Scotland.

Buy to Let lending in Scotland excludes Limited Company Buy to Let and Holiday Let mortgages, which are available in England and Wales only.

Our Buy to Let lending falls into 3 main areas:

• Standard Buy to Let – existing professional landlords operating a buy to let portfolio as a business, including via a Special Purpose Vehicle (SPV) Limited Company (a non-trading company that exists solely for buying, selling and letting property), subject to product availability. In these circumstances, the mortgage is not regulated by the Financial Conduct Authority (FCA).
• Regulated ‘Family’ Buy to Let – where property is let to a close relative (i.e. spouse or civil partner, children, parents, brothers and sisters) or the borrower intends to occupy the property at a future date. The mortgage will be regulated by the FCA.
• Consumer Buy to Let – where the borrower(s) has acquired or already owns the property and is deemed not to be acting predominantly for business purposes (e.g. where someone has inherited a property and lets it out). Consumer Buy to Let mortgages are regulated by the Financial Conduct Authority under the Mortgage Credit Directive Order 2015.

If you are looking to purchase or remortgage a holiday let, we have a dedicated web page available for holiday let mortgages.