BTL Portfolio Fixed to 31.07.27

The rate at which your mortgage interest payments are calculated.


2.35% Fixed rate to 31.07.27

Followed by:
Followed by
4.49% 4.49% Variable for remainder of term

The Annual Percentage Rate of Charge (APRC) is the total cost of the mortgage shown as an annual percentage. All lenders calculate APRC the same way to help you compare mortgage details. This rate could change if a variable rate applied to your mortgage changes (e.g. Standard Variable Rate (SVR)).


Early repayment charge
This is a fee we charge if you overpay, switch or pay off your mortgage early. Early repayment charges don’t always apply – we’ll tell you if they do.


Product fee
This is the fee charged on some of our mortgage products.

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



Initial rate

2.35% Fixed rate to 31.07.27

Followed by

4.49% Variable for remainder of term

Overall cost



Fees / Incentives

  • Application fee: None
  • Product fee: £999 (can be added to mortgage)
  • Mortgage exit fee: £125
  • Funds transfer fee: £8
  • One valuation included for properties up to the value of £1,000,000
  • Remortgage Transfer Service included
Read the full Tariff of Mortgage Charges and our Fees & Charges leaflet.

Early repayment charges

5.00% of the balance repaid until 31.07.23, then 3.00% until 31.07.25, then 1.00% until 31.07.27

You can repay up to 10% of the capital p.a. without an early repayment charge

Max Loan to Value



Interest charged frequency

Interest charged


Product Information

This product is only available for Portfolio Landlords. Fixed rates offer security - the interest rate on the mortgage won't change for an initial period, so the monthly payments will remain the same during this time regardless of whether interest rates rise or fall.


This product is portable and can be transferred from the existing property to a new property.

Mortgage Exit Fee

If the mortgage is paid off before the end of the agreed term, a £125 mortgage exit fee will be payable, plus any applicable early repayment charges.

Application and Valuation Fees

Application and valuation fees (where applicable) are payable on application, and are non-refundable. The application will not be processed until these fees are received. This means the product is not reserved and a valuation will not be instructed.

We will instruct one valuation (up to a maximum of £700) once we've reviewed your application. Fees will apply if the valuation costs more than £700. The valuation is for our benefit only and used to confirm whether we can lend on the property. It's important to remember that we decide the type of valuation most appropriate to the application; therefore a physical inspection of the property may not be required.

Remortgage Transfer Service

When transferring an existing mortgage, our Remortgage Transfer Service will make moving your mortgage to us even easier. For full details of what's included, please see below.

Additional notes

Launch date 15.10.21

Overall cost of a mortgage

To help understand the typical cost of this mortgage, please see the representative example below.

Representative example

(This is not an illustration and should only be used as an example)

A mortgage of £125,000.00 starting on 01.01.22 payable over 25 years on an initial fixed rate of 2.35% to 31.07.27, then reverting to our standard variable rate currently at 4.49% for the remainder of the mortgage. This would require 66 monthly payments of £556.74 and 232 monthly payments of £671.80, plus one initial interest payment of £251.92.

The total amount payable would be £192,854.36 made up of the loan amount plus interest of £65,420.36, a valuation fee of £210.00, a product fee of £999.00 and a funds transfer fee of £8.00.

The overall cost for comparison is 3.7% APRC representative.

Find out more about how to apply for this mortgage

Want help?
Our help section is bursting with useful information. If you'd rather chat, just give us a call.


Call us on 0800 121 8899

Lines open
  • Mon-Fri 8am-7pm
  • Saturday 9am-2pm
  • Sunday & Bank holidays Closed
Call us

Want help?
Our help section is bursting with useful information. If you'd rather chat, just give us a call.


Call us on

0800 121 8899

Call us