Use our online mortgage calculator and rate finder tool for your buy to let mortgage from NatWest International. Although applicants planning to borrow £1 million or more will need to have a minimum annual income of £50,000. A Helpful Let To Buy Mortgage Calculator. Street Name. Mortgages are offered by The Royal Bank of Scotland International Limited trading as NatWest International (NatWest International). NatWest provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme. Complete our quick form to arrange a callback at a time that suits you, including evenings and weekends. How does a buy-to-let mortgage work? Take a look at our buy to let mortgage rates. If you miss a payment on your mortgage, it will be reported to the credit reference agencies and that could affect your ability to get credit in the future. Only for use by mortgage intermediaries. For mortgages in Gibraltar This calculator will give you an idea of how much you could borrow with a NatWest International mortgage. Calculate now. Representative Example: A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19. Another key difference between residential mortgages and buy to let mortgages is that your potential rental income will be taken into account by the lender when assessing affordability. Enter the principal amount you need to borrow and the details regarding the property you are planning to use as security or mortgage. Whether you are an experienced landlord intending to expand your buy to let portfolio or a first time buy to let property purchaser, NatWest may have the right buy to let mortgage deal for you circumstances. Only for use by mortgage intermediaries . In order to qualify for NatWest’s buy-to-let mortgages, clients must have a minimum income of £25,000. You can get a copy of your credit file from one of the credit reference agencies. This is an illustration based on your income, outgoings and the value of the property you're considering. Choice of buy-to-let mortgage products is more restricted and you may also pay higher interest rates. Street Name. Whether you are an experienced landlord intending to expand your buy to let portfolio or a first time buy to let property purchaser, NatWest may have the right buy to let mortgage deal for you circumstances. NatWest has tightened its buy-to-let rental calculation making it tougher for landlords to secure a sufficient mortgage. Mortgage loans available from NatWest include fixed-rate mortgages, flexible mortgages, tracker mortgages, interest-only mortgages and many more besides. They then only pay the interest on the loan as it accrues every month, generally from the proceeds of the rent they collect. Also see you much you could save if you make an overpayment.. In order to work out how much money a bank or building society will lend for a buy-to-let mortgage, they will want to know how much rental income the property generates. The application is similar to a residential mortgage application but with a few differences. Copyright © National Westminster Bank plc 2020, We’re here to support you through all your life journeys, Buying for the first time, moving or remortgaging? Residential Affordability Calculator. The initial step is to visit the NatWest mortgage calculator UK website and log in. A buy to let mortgage will normally require a higher deposit for example 25% or more. The capital debt – the full amount of the mortgage – is paid at the end of an agreed term. The FCA does not regulate some investment mortgage contracts. Most borrowers take out an interest-only mortgage for their chosen property. Use our mortgage borrowing calculator to work out how much you could borrow from NatWest International. NatWest Remortgage . House Number or House Name. You will still have to pay corporation tax on your limited company’s trading profits (currently 19%). Use our mortgage calculators to find out how much you could borrow and find a mortgage to suit you. Manage your mortgage; Switch to a new deal; Moving home; Borrowing more; News and articles; Help with mortgages How much could I borrow? Now you know what mortgage you can afford, you’ll quickly get an idea of whether you can afford to buy in a certain area. 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