Helping landlords get ahead
If you're investing in property you want the backing of a lender who has strong market position and plenty of experience – Alliance Surge Bank's Buy to Let mortgages could be the answer.
We know a buy to let investment can be a big commitment, that's why we've put together a helpful guide to help consider costs, responsibilities and the risks of becoming a landlord.
Like any investment, you need to understand the risks as well as any potential upside. Our buy to let factsheet (PDF)buy to let factsheet (PDF) This link will open in a new window helps to outline this for you.
Whether you're starting or expanding your property portfolio, our Buy to Let mortgages are available up to 75% loan to value.
A maximum Buy to Let lending limit applies, and other fees and charges may be payable including legal fees and charges applied by your existing lender.
To apply for our Buy to Let mortgages, you'll need to meet our 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
The maximum Loan to Value (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