Over 55 Buy-to-Let Voluntary Select Option

Our flexible later life buy-to-let mortgage

Make the most of your retirement by unlocking tax-free cash from your buy-to-let property portfolio. Available to landlords aged over 55, our Buy-to-Let Voluntary Select Option gives you the flexibility to make repayments when it suits you. You can choose to repay up to 10% of your loan each year and there’s no penalty if you decide not to make repayments.

Please note, we’ve temporarily stopped accepting new applications for this product. If you would like more information about the options available to you, please contact a financial adviser.

If you are an existing customer please contact us or your financial adviser.

Is the Over 55 Buy-to-Let Voluntary Select Option right for me?

Choose to repay up to 10% each year
Enjoy a one-off, tax-free cash payment
No minimum income requirements
No affordability assessments

Risk warning

An Over 55 Buy-to-Let mortgage is a loan secured against your property. It will reduce the amount of inheritance you leave and may affect your tax position and entitlement to welfare benefits.

This product could be right for you if:

  • You want the flexibility to choose when to make payments and how much you repay each year

  • You’re looking to pay back all of the interest and some of your loan each year

  • You don’t want to make regular monthly payments

  • You don’t want to face penalties for not making payments

  • You’re concerned about the impact of interest building up and reducing the equity in your property

  • You own one or more buy-to-let properties

The product may not be appropriate if:

  • You’d like to make regular monthly interest payments

  • You’re not intending to make any payments throughout the life of the loan

Need an adviser?

Get a tailored quote for this product from a financial adviser. To find one, visit the Equity Release Council.

Find a Financial Adviser

Frequently asked questions

Customer documents

Customer guides

Guide to buy-to-let

Rates and charges

Our charges

Additional borrowing