Ways to apply
A 'RECEIVER OF RENT' MAY BE APPOINTED AND/OR THE PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Due to the coronavirus pandemic, we have changed our opening hours. They are now Monday to Friday, 9am to 5pm (closed Saturdays and Sundays).
We are also dealing with a higher number of calls than usual. We ask that our customers only call if they have an urgent query that can’t wait so that we can prioritise the most critical cases first. You can continue to use Online Banking without interruption, or contact us using our digital channels. Thanks for your patience and understanding.
For more information click here.
0800 707 6206
We are happy to talk you through the process step by step. Our consultants and Mortgage specialists:
- 9.00am - 17.00pm Monday - Friday
- Closed Saturday/Sunday
Did you know?
If you start your application over the phone, we'll give you an online account to complete your application. You'll be able to securely upload your important documents and track your application all the way through.
What you’ll need when applying
- The rental income you expect to receive from your Buy to Let property
Your outgoings
- Including any loan details
- Overdrafts
- Student loans
You must have a valid passport, or driving license and the right to reside and work in the UK.
Apply from the comfort of your own home, with free help on the phone from one of our Mortgage specialists.
Post Office Money Mortgages are provided by Bank of Ireland UK.
Apply online
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What you'll need when applying
- The rental income you expect to receive from your Buy to Let property
Your outgoings
- Including any loan details
- Overdrafts
- Student loans
You must have a valid passport, or driving license and the right to reside and work in the UK.
Already Started?
If you've already began your application, you can continue here.
FAQs
An AIP indicates how much you could borrow based on the information you have provided, it performs various criteria and credit reference agency checks, and gives a conditional decision to lend based on its findings.
The rental income must be at least 145% of the monthly interest due inclusive of any product fees added to the loan. This is calculated using either the initial product rate or notional interest rate, whichever is higher. For a fixed rate for less than five years or a variable rate the notional interest rate is 5.5% and for fixed rate of five or more years the notional interest rate is 5%.
Aside from your deposit you will need to make sure you have enough money put aside for associated costs such as Stamp Duty, mortgage fees, solicitor’s fees and insurance.
You can apply over the phone on 0800 707 6206 or online.
Why us?
•We offer mortgages that work for you, whatever your story.
•Our team of expert mortgage specialists are ready to help you each step of the way.
Here are some of the awards we have won over the last few years. The awards relate to the product range, application process and servicing which are provided in conjunction with Bank of Ireland UK.