Hinkley and Rugby Building Society

Hinkley and Rugby Building Society

Phone: +44 (0)800 434 6343

Buy to Let

Buying a rental property is very different from finding a home. It is strongly recommended that you take advice from an accredited member of the Association of Residential Lettings Agents (ARLA) or via the
-Available on properties in England and Wales, for letting on an Assured Shorthold Tenancy
-Rental income of around 135% of the mortgage payment required
-Maximum number of rental properties is four per household with Hinckley & Rugby Building Society
-Minimum loan £50,000
-Minimum income £25,000
-Minimum term 5 years
-Interest calculated on a daily basis
-No tied insurances
-Minimum age for applicants 23
-Tariff of charges during the life of any mortgage available on request
-Capital repayment vehicle must be in place for interest only mortgages
-For remortgages, the property must have been owned by the applicants for a minimum of 12 months


This place is where you can write your valuable comment, suggestion, complain or share your views about this banking items. Other people can get the benefit from your input knowing how good/bad this item is. Your valuable feedback will help the bank to refine their products and improve the quality of services.
Comments powered by Disqus