Buy-to-Let

Buy To Let Mortgage

Prime Your Property Portfolio

Unlock Gibraltar's Rental Market

Loans are offered in GBP only.
Only available on residential properties and short term lets.
Maximum Loan-to-Value of up to 75%* and over a maximum term of 20 years.
On a case-by-case basis we can consider applications for interest only mortgage loans from professional property investors for up to 5 years and for amounts up to 60% of loan to value.

* Professional - Experienced in property letting with a large portfolio of properties.

Rates and charges

Fixed Rate - An arrangement fee of 1% applies at drawdown, min £999.

Flex Product - £500 administration fee for unscheduled repayments; early repayment incurs no penalty.

Bank legal costs and valuation fees vary based on mortgage and property value, with estimates provided upon request and loan approval.

Please bear in mind that you will have your own legal costs and expenses (e.g. taxes) to meet in respect of your purchase of the property.

Suitable property insurance will be a condition of the mortgage. This is not arranged by the Bank and is your sole responsibility.

Arrangement fee 1.00% (neg.) minimum £999

LTV	Initial Fixed Rate	Follow On Rate	APRC	Early Repayment Fee/Charges
0-50%	6.25%	Base rate plus 3.40%	7.8%	3% year 1, 2% year 2 and 1% year 3
51-75%	6.75%	Base rate plus 3.90%	8.3%	3% year 1, 2% year 2 and 1% year 3

Arrangement fee 1.00% (neg.) minimum £999

LTV	Initial Fixed Rate	Follow On Rate	APRC	Early Repayment Fee/Charges
0-50%	6.1%	Base rate plus 3.40%	7.4%	5% year 1, 4% year 2, 3% year 3, 2% year 4 and 1% year 5.
51-75%	6.6%	Base rate plus 3.90%	8%	5% year 1, 4% year 2, 3% year 3, 2% year 4 and 1% year 5.

Arrangement fee 1.00% (neg.) minimum £999. Maximum term of 20 years. Valuation and legal fees apply.

Type	LTV	Initial Fixed Rate	Follow On Rate	APR	Early Repayment Charge
Capital repayment	Up to 75%	Base rate + 3.75%	N/A		£500 for unscheduled repayments
Interest only*	Up to 60%	*For semi-professionals only. Details upon application.

Illustrative Example

Below is an illustrative example of the costs associated with a Buy-to-Let mortgage of £300,000. Based upon a property value of £400,000 on a Fixed rate of £6.75% (followed by Base Rate + 3.9% after 3 years)

	Example
Mortgage type	Capital and interest (Amortising loan)
Max. loan to value	75%
Amount borrowed	£300,000
Term	20 Years
No. of Monthly instalments	240
Other costs - Arrangement fee - Valuation fee - Legal fee	£3000 £570 £1500
Borrowing rate	6.75% (followed by Base Rate + 3.90% after 3 years)
APRC	8.3%
Initial payment	£2,281.09
Total cost of credit	£302,554.96
Total amount repayable	£602,554.96
Security required	Property

Journey

Key stages in the process

Your mortgage process doesn't have to be complicated, our easy to follow illustrations are here to guide you on the steps.

Ability to repay

Based on your overall financial circumstances, we will then calculate the mortgage cost and assess whether or not you can afford to repay the mortgage.

How we do it?

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

*Please note that the LTV offered could be lower and will depend on your circumstances, including overall wealth, current property portfolio, experience in managing property portfolios and your country of residency.

Payment difficulties?

we understand that circumstances can change and if they do, you can come and talk to us. Our goal is to understand and resolve any payment difficulties you may experience.

Talk to us