Home > Home finance > Buy to let UK expats

Buy to let UK expats

The following range of ethical, Sharia compliant Buy To Let Purchase Plans (BTLPPs) is available to UK expats.

Apply now Request a call back
YOUR PROPERTY MAY BE AT RISK IF YOU DO NOT KEEP UP THE PAYMENTS ON YOUR BUY TO LET PURCHASE PLAN

With the UK housing market demonstrating long-term price inflation, purchasing homes in the UK to rent to tenants can make sound financial sense for British expats living and working abroad.

Use our buy to let payment calculator to see how much the bank may contribute if you purchase property in the UK to rent to tenants. 

Product name Finance
to value 		Product fee Rental rate End date Revert
rental rate 		Features More info & apply
Fixed 75% 1% of finance
or min £995 		4.39% 30 June 2023 5.09% Rent only available
No early settlement fees

General information

Request a call back Apply online
  • Revert rental rate: Al Rayan Bank Variable Rental Rate which for BTL = 5.09% (Bank of England Base Rate + 4.99% margin)
  • Finance amount: £30,000 to £1,500,000 (higher amounts may be considered)
  • Eligibility: New and existing landlords
  • Maximum portfolio: Ten properties across all providers. Five properties or £2,500,000 across all Al Rayan Bank finance products
  • Minimum property value: £80,000
  • Finance term: 7 to 35 years
  • Maximum number of applicants: Up to two applicants 
  • Valuation and legal fees: Valuation and legal fees is paid by the applicant(s). Al Rayan Bank has created a panel of solicitors who are experienced in the Islamic finance conveyancing process. If you choose to proceed with one of our panel solicitors, Al Rayan Bank will make a £400 (including VAT) contribution towards the Al Rayan Bank's legal costs. However, you are not obliged to use one of our panel solicitors. For more information, please refer to the BTLPP Tariff List.
  • Minimum age of applicant(s): 21 years
  • Additional acquisition payments: No additional acquisition payments are permitted during the fixed rental period. Following the expiry of the fixed rental rate, additional acquisition payments can be made in the month of each rent review.
  • Margin: The Bank reserves the right to change the margin on its products however a cap applies of 2%. Therefore Al Rayan Bank cannot increase the margin on its HPP products by more than 2% over the margin that applied at the outset. Al Rayan Bank cannot change its margin whilst a fixed rent rate applies. You will be given at least 30 days advance notice of any changes in the pricing structure.
  • Settlement: The customer has the option to sell the property at any time without any penalties, subject to applicable administration fee. For more information, please refer to the BTLPP Tariff List.
  • Affordability: If the rent expected from the property does not meet the rental cover calculation, we may take into account any free personal income the applicant may have to make up the shortfall
  • Please note: Buy to Let Purchase Plans are not regulated by the Financial Conduct Authority or the Prudential Regulation Authority.
  • Legal title:  For HPPs in England & Wales, Al Rayan Bank holds the legal title until all aquisition payments have been made.

How to apply

There are a number of ways to apply or to request more information.

Other information

For your own benefit and protection, you should carefully read some important information leaflets we have prepared, before you caomplete the application.

Home Purchase Plan customers in Scotland pay an 'occupancy payment' under a 'co-beneficiaries' agreement.

To view PDFs you need the Adobe Acrobat Reader. This program is available free of charge from the Adobe website. Al Rayan Bank is not responsible for the content of external websites.
Fixed 75% 1% of finance
or min £995 		4.94% 30 June 2026 5.09% Rent only available
No early settlement fees

General information

Request a call back Apply online
  • Revert rental rate: Al Rayan Bank Variable Rental Rate which for BTL = 5.09% (Bank of England Base Rate + 4.99% margin)
  • Finance amount: £30,000 to £1,500,000 (higher amounts may be considered)
  • Eligibility: New and existing landlords
  • Maximum portfolio: Ten properties across all providers. Five properties or £2,500,000 across all Al Rayan Bank finance products
  • Minimum property value: £80,000
  • Finance term: 7 to 35 years
  • Maximum number of applicants: Up to two applicants 
  • Valuation and legal fees: Valuation and legal fees is paid by the applicant(s). Al Rayan Bank has created a panel of solicitors who are experienced in the Islamic finance conveyancing process. If you choose to proceed with one of our panel solicitors, Al Rayan Bank will make a £400 (including VAT) contribution towards the Al Rayan Bank's legal costs. However, you are not obliged to use one of our panel solicitors. For more information, please refer to the BTLPP Tariff List.
  • Minimum age of applicant(s): 21 years
  • Additional acquisition payments: No additional acquisition payments are permitted during the fixed rental period. Following the expiry of the fixed rental rate, additional acquisition payments can be made in the month of each rent review.
  • Margin: The Bank reserves the right to change the margin on its products however a cap applies of 2%. Therefore Al Rayan Bank cannot increase the margin on its HPP products by more than 2% over the margin that applied at the outset. Al Rayan Bank cannot change its margin whilst a fixed rent rate applies. You will be given at least 30 days advance notice of any changes in the pricing structure.
  • Settlement: The customer has the option to sell the property at any time without any penalties, subject to applicable administration fee. For more information, please refer to the BTLPP Tariff List.
  • Affordability: If the rent expected from the property does not meet the rental cover calculation, we may take into account any free personal income the applicant may have to make up the shortfall
  • Please note: Buy to Let Purchase Plans are not regulated by the Financial Conduct Authority or the Prudential Regulation Authority.
  • Legal title:  For HPPs in England & Wales, Al Rayan Bank holds the legal title until all aquisition payments have been made.

How to apply

There are a number of ways to apply or to request more information.

Other information

For your own benefit and protection, you should carefully read some important information leaflets we have prepared, before you caomplete the application.

Home Purchase Plan customers in Scotland pay an 'occupancy payment' under a 'co-beneficiaries' agreement.

To view PDFs you need the Adobe Acrobat Reader. This program is available free of charge from the Adobe website. Al Rayan Bank is not responsible for the content of external websites.
Product name Fixed
Finance
to value 		75%
Product fee 1% of finance
or min £995
Rental rate 4.39%
End date 30 June 2023
Revert
rental rate 		5.09%
Features Rent only available
No early settlement fees
More info & apply
Request a call back Apply online

General information

  • Revert rental rate: Al Rayan Bank Variable Rental Rate which for BTL = 5.09% (Bank of England Base Rate + 4.99% margin)
  • Finance amount: £30,000 to £1,500,000 (higher amounts may be considered)
  • Eligibility: New and existing landlords
  • Maximum portfolio: Ten properties across all providers. Five properties or £2,500,000 across all Al Rayan Bank finance products
  • Minimum property value: £80,000
  • Finance term: 7 to 35 years
  • Maximum number of applicants: Up to two applicants 
  • Valuation and legal fees: Valuation and legal fees is paid by the applicant(s). Al Rayan Bank has created a panel of solicitors who are experienced in the Islamic finance conveyancing process. If you choose to proceed with one of our panel solicitors, Al Rayan Bank will make a £400 (including VAT) contribution towards the Al Rayan Bank's legal costs. However, you are not obliged to use one of our panel solicitors. For more information, please refer to the BTLPP Tariff List.
  • Minimum age of applicant(s): 21 years
  • Additional acquisition payments: No additional acquisition payments are permitted during the fixed rental period. Following the expiry of the fixed rental rate, additional acquisition payments can be made in the month of each rent review.
  • Margin: The Bank reserves the right to change the margin on its products however a cap applies of 2%. Therefore Al Rayan Bank cannot increase the margin on its HPP products by more than 2% over the margin that applied at the outset. Al Rayan Bank cannot change its margin whilst a fixed rent rate applies. You will be given at least 30 days advance notice of any changes in the pricing structure.
  • Settlement: The customer has the option to sell the property at any time without any penalties, subject to applicable administration fee. For more information, please refer to the BTLPP Tariff List.
  • Affordability: If the rent expected from the property does not meet the rental cover calculation, we may take into account any free personal income the applicant may have to make up the shortfall
  • Please note: Buy to Let Purchase Plans are not regulated by the Financial Conduct Authority or the Prudential Regulation Authority.
  • Legal title:  For HPPs in England & Wales, Al Rayan Bank holds the legal title until all aquisition payments have been made.

How to apply

There are a number of ways to apply or to request more information.

Other information

For your own benefit and protection, you should carefully read some important information leaflets we have prepared, before you caomplete the application.

Home Purchase Plan customers in Scotland pay an 'occupancy payment' under a 'co-beneficiaries' agreement.

To view PDFs you need the Adobe Acrobat Reader. This program is available free of charge from the Adobe website. Al Rayan Bank is not responsible for the content of external websites.
Product name Fixed
Finance
to value 		75%
Product fee 1% of finance
or min £995
Rental rate 4.94%
End date 30 June 2026
Revert
rental rate 		5.09%
Features Rent only available
No early settlement fees
More info & apply
Request a call back Apply online

General information

  • Revert rental rate: Al Rayan Bank Variable Rental Rate which for BTL = 5.09% (Bank of England Base Rate + 4.99% margin)
  • Finance amount: £30,000 to £1,500,000 (higher amounts may be considered)
  • Eligibility: New and existing landlords
  • Maximum portfolio: Ten properties across all providers. Five properties or £2,500,000 across all Al Rayan Bank finance products
  • Minimum property value: £80,000
  • Finance term: 7 to 35 years
  • Maximum number of applicants: Up to two applicants 
  • Valuation and legal fees: Valuation and legal fees is paid by the applicant(s). Al Rayan Bank has created a panel of solicitors who are experienced in the Islamic finance conveyancing process. If you choose to proceed with one of our panel solicitors, Al Rayan Bank will make a £400 (including VAT) contribution towards the Al Rayan Bank's legal costs. However, you are not obliged to use one of our panel solicitors. For more information, please refer to the BTLPP Tariff List.
  • Minimum age of applicant(s): 21 years
  • Additional acquisition payments: No additional acquisition payments are permitted during the fixed rental period. Following the expiry of the fixed rental rate, additional acquisition payments can be made in the month of each rent review.
  • Margin: The Bank reserves the right to change the margin on its products however a cap applies of 2%. Therefore Al Rayan Bank cannot increase the margin on its HPP products by more than 2% over the margin that applied at the outset. Al Rayan Bank cannot change its margin whilst a fixed rent rate applies. You will be given at least 30 days advance notice of any changes in the pricing structure.
  • Settlement: The customer has the option to sell the property at any time without any penalties, subject to applicable administration fee. For more information, please refer to the BTLPP Tariff List.
  • Affordability: If the rent expected from the property does not meet the rental cover calculation, we may take into account any free personal income the applicant may have to make up the shortfall
  • Please note: Buy to Let Purchase Plans are not regulated by the Financial Conduct Authority or the Prudential Regulation Authority.
  • Legal title:  For HPPs in England & Wales, Al Rayan Bank holds the legal title until all aquisition payments have been made.

How to apply

There are a number of ways to apply or to request more information.

Other information

For your own benefit and protection, you should carefully read some important information leaflets we have prepared, before you caomplete the application.

Home Purchase Plan customers in Scotland pay an 'occupancy payment' under a 'co-beneficiaries' agreement.

To view PDFs you need the Adobe Acrobat Reader. This program is available free of charge from the Adobe website. Al Rayan Bank is not responsible for the content of external websites.