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00 (33) 751558495 support@icbfinance.com

Do you live outside of the UK?

If you do not live in the UK, you may still be able to apply for a mortgage with Bank on a property in the UK. Please call us on 0800 169 6333† to find out more or to progress an application.

If you're looking to buy or remortgage a Buy to Let property, our Buy to Let mortgages could be the answer.

Whether you're starting or expanding your property portfolio, our Buy to Let mortgage range can help you get going.

Our Buy to Let mortgages are available up to 75% loan to value and a maximum Buy to Let lending limit applies. Other fees and charges may be payable including legal fees and charges levied by your existing lender.

We know that a buy to let investment can be a big commitment, that's why we have put together a factsheet which helps you to consider costs, responsibilities and the risks of becoming a landlord.

Get a personalised mortgage estimate online

A Decision in Principle will give you a more accurate estimate of how much you could borrow and it will not appear on your credit file.

Find out more
Check your eligibility

Eligibility criteria

To apply for our Buy to Let mortgages, you'll need to meet our Borrower and Buy to Let mortgage eligibility criteria:

  • Minimum annual salary of £25,000
  • You must have owned and lived in your existing property for at least 6 months
  • The property must be in the UK
  • The maximum loan to valuation (LTV) is 75%, subject to loan amount
  • Properties must be let under an Assured Shorthold Tenancies (AST) or company let agreement.
  • The property must not be a House in Multiple Occupancy (HMO), e.g. a student let
  • All Buy to Let mortgages are subject to underwriting and lending criteria that may be varied from time to time
  • Additional Borrowing is available to existing Bank Buy to Let mortgage holders looking to borrow more on their existing rental property, however total lending must not exceed 75% loan to value (except for additional borrowing taken for debt consolidation purposes. The maximum borrowing amount for this is £30,000 with a maximum 60% loan to value).
  • We are not able to provide a Buy to Let mortgage if you are classified as either a Professional Landlord or a Portfolio Landlord:
  • A Professional Landlord is a person(or persons in the case of the joint mortgage) with more than £2,000,000 in buy to Let borrowing across all lenders or where more than 50 per cent of their total gross annual income (joint income) is from rental income.

    A Portfolio Landlord is a person( or persons in the case of a joint mortgage) with four or more buy to let mortgaged properties in total at the end of the application.

Please note

  • A Student Bank Account can only be applied for when you have accepted an unconditional/conditional offer for a qualifying course at a university/college or if you have accepted an apprenticeship position at level 2 or above. However you can open a Bank Bank Account at anytime and upgrade to the Student Bank Account when you have your place to study accepted.
  • If you've been in the UK less than three years or you're an international student please visit one of our branches or call 03456 040 626 to open the right account for you. Lines are open 8am to 10pm everyday (except Christmas Day, Boxing Day and New Year's Day). From outside the UK +44 1226 261 010.
  • Once you've submitted your application, we'll send you the paperwork to sign and return to us either by post or in branch.

Please note:

Our maximum borrowing limits take into account your total Buy to Let borrowing across all lenders and is subject to our maximum Buy to Let lending limits.
The affordability of a Buy to Let mortgage will be assessed from the property's rental income. The rent must be at least 145% of the mortgage payment, using an interest rate that takes into account the possibility of future interest rate rises. This way we can help to ensure the loan is affordable now and in the future. For example, if the monthly payment is £100 (100%), the monthly rental income must be at least £145 (145%).
To assess how much you can afford to borrow, a Rental Income affordability assessment is carried out.

Think carefully before securing other debts against your property.

Your property may be reposessed if you do not keep up repayments on your mortgages.

Already started an application?

Whether you started your application over the phone or online, you can see how it's progressing here. Simply log on using the username we've given you and security details you created.

Continue

Phone

Step 1 - Call us to get a Decision in Principle.

Step 2 - Provide us with your supporting documents.

Step 3 - Arrange an appointment with a Mortgage Advisor who will provide you with advice and guide you through your application.

0800 169 6333

Textphone: 1800 10800 028

Find out more

Branch

Step 1 - Visit your local branch and get a Decision in Principle.

Step 2 - Arrange an appointment with a Mortgage Advisor and provide us with your supporting documents.

Step 3 - Your Mortgage Advisor will provide you with advice and guide you through your application.

Find a branch

Online

Step 1 - Get a Decision in Principle online now.

Step 2 - You can choose to receive mortgage advice after receiving your Decision in Principle or, if you already know which mortgage you wish to apply for, you can complete your application entirely online, however you will not receive advice.

Apply online

**Lines open Monday to Friday 8am - 9pm, Saturday 8am - 8pm, Sunday 9am - 6pm. Calls may be monitored and recorded. Opening hours within the mortgage departments may vary.