Buy to Let affordability rates went down today
12/03/2025
On Wednesday 12 March, we reduced our Buy to Let affordability rates so your clients could borrow more when buying or remortgaging a Buy to Let property.
| Affordability rate | Current | New |
|---|---|---|
| Standard | 7.15% | 6.99% |
| 5 year fixed | 5.15% | 4.99% |
| £4£ remortgage | 5.15% | 4.99% |
Use our Buy to Let calculator on our website to find out what your clients could borrow.
Pipeline rules
All full mortgage applications (FMAs) submitted by 10pm on Tuesday 11 March won’t be affected by these changes.
Any FMAs submitted from 6am on Wednesday 12 March will be assessed using our new lending policy.
If a material change is made to an existing application from 6am on Wednesday 12 March, the case will be reassessed using our new lending policy.
Help and support
Our Buy to Let calculator and our Buy to Let lending criteria will be updated on our website on Wednesday 12 March.