This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Barclays is one of the UK’s best known high street banks and offers buy to let finance for people looking to invest in the rental market.

Types of Buy to Let mortgage

If you are interested in a buy to let mortgage with Barclays, there are several main types you will need to consider.

Interest only buy to let mortgages allow you to keep your monthly repayments low, but mean you are not clearing any of the capital on your mortgage. This will have to be paid off in one go when the mortgage ends.

Capital and interest mortgages mean you pay off some or all of the capital over the lifetime of the mortgage by making higher monthly payments.

Fixed rate buy to let mortgages give set interest rates, usually for 2-5 years, at the start of your mortgage term. This can make financial planning easier.

Tracker mortgages keep your interest rates at a set interval above the Bank of England Base Rate (or an equivalent) so your interest rates keep pace with inflation.

Lending criteria for Barclays Buy to Let mortgages

To qualify for a Barclays buy to let mortgage you must:

  • Be 21 years old or over
  • Own a residential property in the UK (either outright or with a mortgage from a UK lender)

If you qualify, you may be able to:

  • Borrow up to 75% of the property’s market value
  • Borrow up to £1million per property (up to a total of £3million spread across no more than 6 buy to let properties)

Lending criteria vary from provider to provider, so if Barclays does not offer a good match for your borrowing needs or personal circumstances you may still be able to access the money you need from another lender.

A professional mortgage advisor will be able to help you find the most appropriate deals for you.

Interest rates on Barclays Buy to Let mortgages

With any buy to let finance, the interest rate you pay is one of the most important factors in determining how much of a return you will earn on your investment.

It’s also worth remembering that most lenders will require your monthly rental income to exceed your interest payments, so the higher your interest payments, the more you will need to charge in rent.

One of the main things which will affect your interest rate is your LTV or loan to value ratio.

This shows how much you are looking to borrow as a percentage of the market value of the property in question. So a £70,000 mortgage on a £100,000 property equals an LTV of 70%. Interest rates normally tend to be higher on mortgages with a higher LTV.

Compare Buy to Let mortgage rates

Want to find the best possible interest rates for your buy to let finance? Our free mortgage calculator makes this much easier.

Simply follow the link and where it says “Reason for mortgage” select “Buy to Let”. You will then see matching deals from all the leading lenders allowing you to see which offer the very best value for your borrowing requirements.

Independent Mortgage Advice

Remortgaging is particularly popular at the moment as interest rates are low.

Click to call

Whether it will be a good idea for you to remortgage your buy to let(s) depends on a number of factors, including your goals and your personal circumstances.

However, in general, if interest rates are lower than you are currently paying on your mortgage, it may be a good time to remortgage.

If interest rate are higher than you are currently paying, it may be better to look at other options, such as a second mortgage or a personal loan (if you aim is to borrow more).

If you are not sure whether now is the right time to remortgage, it is a good idea to speak to an independent mortgage broker who will be able to offer impartial advice on Barclays btl mortgages as well as other lenders.

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

This makes our LTV . Invalid LTV.

Compare Mortgage Deals

Compare Top UK Mortgage Deals

  • Complete our 30 second form to find the latest deals
  • Compare quotes for leading UK lenders with an FCA qualified adviser with no obligation
  • Get a mortgage deal that is suited to your needs!

"Our mortgage team is committed to providing you with an excellent mortgage service".

Mortgage details

Initial rate:
Initial rate period:
Overall cost for comparison:
Product fee:

To find out more, call on

Lines are open:
Mon: 8am - 8pm
Tue: 8am - 8pm
Wed: 8am - 8pm
Thu: 8am - 8pm
Fri: 8am - 8pm
Sat: 9am - 4pm
Sun: Closed
Calls may be recorded

This comparison simply includes all mortgage services

Please make sure you meet the following criteria:

Get A Great Buy To Let Mortgage Deal!

We are 100% independent. Find the best mortgage rates from UK lenders...

Mortgages Direct provides an independent mortgage quotes and advice service. When you submit this form you will be contacted by a regulated mortgage adviser to discuss your options.

Latest news

Mortgage Rates On The Rise - Is 2023 A Good Time To Remortgage?

How do you get a low cost mortgage deal for your circumstances...more

Newletter signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

Let's get social now! Twitter Facebook

About us is a trading style of Fair Investment Company.

We've been comparing and recommending mortgage deals for many years so you can trust you're in good hands.