You bet.

We mean business when it comes to buy-to-let. Whether your client is a seasoned pro or a newbie dipping their toe, we’ve got buy-to-let covered.

The Buy-to-Let Zone provides all the useful information you need to submit buy-to-let business to us.

For anything else, speak to your dedicated Business Development Manager.

Winner Moneyfacts Best Buy-to-Let Award 2021YourMortgage Awards 2019-20 Best Buy to Let Mortgage LenderMortgage Finance Gazette Awards 2020 Best Buy-to-let Lender

Tools and Resources

Our calculators and guides are designed to help you discuss purchasing a buy-to-let with your clients. We hope you find them useful.


Affordability Calculator

Help customers find out how much they can borrow.

Go to affordability calculator 

Your guide to buy-to-let

Your guide to buy-to-let

Help and support for intermediaries

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Download buy-to-let guide PDF opens in a new window


How much can my clients borrow?’

Rental income must cover the mortgage payment by a minimum ICR (Interest Cover Ratio) based on the relevant Stress Rate.


ICRRemortgage with no additional borrowingPurchase or remortgage with additional borrowing
Basic rate taxpayers125%125%
Higher or additional rate taxpayers145%

Stress Rate

Stress RateRemortgage with no additional borrowingPurchase or remortgage with additional borrowing
<5 year fixed or variable rateThe higher of 5% or pay rate + 1%The higher of 5.5% or pay rate + 2%
5+ year fixed rateThe higher of 4.5% or pay rate + 1%
  • Check out our Lending Criteria for more information.
  • We have no minimum personal income requirement for mortgages which pass our stressed ICRs.
  • Top slicing using personal income can be considered if rental income meets a minimum of 100% at the higher of 5.5% or pay rate + 2%. We require a minimum combined personal income of £50,000 (excluding income received from BTL properties). Please use our BTL affordability calculator. Top slicing is not available to portfolio landlords, LTVs greater than 75% or where the term extends beyond age 75.

Portfolio Landlords

We accept portfolio landlord applications. To make it simple for you to submit business, we've created some handy materials.


Useful information

Download our buy-to-let portfolio landlord guides

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Lending for portfolio landlords

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How to submit your applications


Need more information on our policy and criteria? Visit our portfolio landlord page 

Lending Policy Highlights

  • Maximum LTV is 80%. For BTL portfolio landlords the maximum LTV is 75%.
  • Minimum property value for loans up to 75% LTV is £50,000. For loans greater than 75% LTV, the minimum property value is £100,000.
  • Maximum borrowing of £3 million with Virgin Money (five properties for portfolio landlords).
  • Maximum number of mortgaged buy-to-let properties with any lender we will accept is 10.
  • Maximum loan size of £1 million, with no minimum loan size. Where the LTV is greater than 75% the maximum loan size is £350,000.
  • Day one remortgages available, with the valuation based on the original purchase price if within six months of completion.
  • First time landlords accepted, as long as they aren’t first time buyers. Applicants must be an owner occupier and have had owner occupier status for at least six months on the date of decision. This applies to at least one applicant on joint applications.
  • If remortgaging a main residence onto a buy-to-let product, your client must complete on a new residential property at the same time.
  • We class capital raising on unencumbered properties as a remortgage.

    Want to know more?

    Our BDMs are here to help you with both Virgin Money and Clydesdale Bank.

    Find your BDMs Link opens in a new window