THE BANK MAY REVIEW THIS PRODUCT OCCASIONALLY. IF YOU WISH TO APPLY, PLEASE CONTACT BANK OF CHINA (UK) LIMITED BRANCHES.
At Bank of China (UK) Limited, we provide buy to let mortgages (for business buy to let purposes). Subject to satisfying our eligibility and lending criteria and creditworthiness assessment.
Why choose us
- Maximum mortgage term of 30 years
- Borrow up to a maximum of 75% Loan to Value for Buy to let purposes
- Large loans up to ￡5 million available
- Offset mortgage option is available
- No redemption penalties after 36 months from the drawdown date. Within the first 36 months, you can make overpayments up to 10% of the original loan amount per year without penalty. If you make an overpayment exceeding 10% during this period, you will incur a charge of 1% on the additional amount you pay.
- All applications are underwritten by a team with extensive mortgage underwriting experience
- Bespoke service through every step of the mortgage journey
How to apply
Our Loan Officers are responsible for initially assessing and managing your mortgage application. Please contact your nearest branch for more information and to arrange an appointment. When making an application, the following documents should be taken to your meeting in branch in order to speed up the application process:
- Valid passport or other valid identification documents
- One proof of address
- Last three months’ bank statements
- If employed, last three months’ payslips and latest P60
- If self-employed, last three years’ accounts and latest SA302 Tax Calculation Form from HMRC
- Proof of deposit (for purchase only)
All applications are subject to status, terms and conditions and the Bank’s approval.
For more information, please email mortgages@bank-of-china.com, or you can call our Call Centre on: 0800 3895566 (from UK) or 0044 20 72828926 (from overseas). This is a 24-hour hotline.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. IF YOU HAVE A BUY-TO-LET MORTGAGE AND YOU FAIL TO KEEP UP WITH PAYMENTS ON YOUR MORTGAGE A ‘RECEIVER OF RENT’ MAY BE APPOINTED AND/OR YOUR RENTAL PROPERTY MAY BE REPOSSESSED.
If you would like the information on this page in another format, please contact us using the contact details above.
