Row of four terraced houses

Expat Two Year Fixed Rental Rate BTLPP 65% FTV

Expat Two Year Fixed Rental Rate BTLPP. 65% Finance to value.

Apply now Request a call back



Product summary

1% of finance or min £995
31 December 2024
No early settlement fees

  • Rent only options available
  • Available to UK expats

The minimum finance amount on our Home Purchase Plans and Buy To Let Purchase Plans is currently £200,000. The minimum property value is currently £307,692. 

General Information

  • Revert rental rate: Al Rayan Bank Variable Rental Rate which for BTL = 6.24% (Bank of England Base Rate + 4.99% margin). Please note that if the Bank of England Base Rate (BBR) is ever lower than 0% it will be deemed to be 0% for the purposes of calculating the Al Rayan Bank Revert Rental Rate.
  • Finance amount: £200,000 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: £307,692
  • 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 acquisition 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 complete 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.

Apply Now Request a call back

Buy to Let Finance calculator - how much will my payments be?

Please use the calculator provided to consider your options, or go to our secure online system which allows you to proceed to an online application form. 

Buy to Let Finance calculator – how much will the bank contribute?

Please use the calculator provided to consider your options, or go to our secure online system which allows you to proceed to an online application form. 

Other home finance information


  • Removal van full of boxes

    Moving home

    Moving home can be a daunting task.  We're here to help make it as smooth as possible.

    Find out more

  • Row of three-storey houses

    Becoming a landlord?

    Our Buy to Let Purchase Plans let you invest in property in an ethical, Sharia compliant way.

    Find out more

  • Doha at night

    Expat home finance

    If you're a UK expat working overseas our expat home finance could help you invest back home.

    Find out more

  • Man using calculator

    Finance calculators

    To help you make the right choice about your finance, we have produced a number of calculators.

    Find out more

Frequently asked questions

We answer some frequently asked questions about buy to let property finance.