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SBI UK significantly reduces interest rates across its BTL mortgage offerings

SBIUK Buy-to-Let mortgage rate cut with property and green home for UK landlords
SBI UK announces new interest rates
SBI UK announces new interest rates
Pooja Shrivastava
By Pooja ShrivastavaJul 09, 2025
Pooja Shrivastava
A passionate journalist with about a decade of experience, Pooja has developed a strong hold on the UK grocery retail sector. From exploring legislative changes, supply chain shifts, consumer buying habits, trends to retail crime, her work is driven by a deep belief in investigating, finding the truth and telling authentic unbiased stories. Be it convenience pathbreakers, wholesale trendsetters or Post Office Horizon scandal victims, Pooja has an equal flair for deciphering industries as well as human complexities. At Asian Trader, she aims to bridge the gap between policy, trade, and the shop floor, always keeping a finger on the pulse of what matters most to retailers.
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The State Bank of India (UK) Limited (SBIUK) has announced a significant reduction in interest rates across its Buy-to-Let mortgage offerings, reflecting its commitment to providing competitive and flexible financing solutions for landlords throughout the UK.

To navigate ongoing housing market challenges and meet growing rental demand, these rate cuts boost product competitiveness and lower landlord borrowing costs.

This empowers them to invest in and sustain high-quality rental homes.

This comprehensive refresh of Standard, SPV, and HMO product ranges demonstrates SBIUK’s commitment to the Buy-to-Let sector.

Key updates include:

  • Standard Product Range: Rate reductions of up to 35 basis points (bps) across all Loan-to-Value (LTV) tiers for 5-year fixed-term products.
  • SPV Product Range: Rates cut by up to 40 bps, with the introduction of a flat fee on larger loans for Limited Companies to simplify the lending process.
  • HMO Product Range: Significant rate reductions of up to 90 bps on 2-year fixed products and 50 bps on 5-year fixed products. Non-green properties benefit from a flat 5.15% rate for 5-year terms. Fees have been lowered to 1.50% for 50% and 65% LTV on 5-year products. Green properties receive an additional 10 bps discount.
  • Multi-Unit Freehold Blocks (MUFB): Pricing is in a similar range to the HMO product range.

Abhishek Sahay, Chief Business Officer at SBI UK, said, "Our refreshed Buy-to-Let product range reflects our dedication to supporting landlords through more attractive lending solutions.

"We understand the importance of service standards and have added capacity to our underwriting team to process applications in a timely manner.

"We recognise the crucial role landlords play in the UK housing ecosystem, and these rate reductions are designed to help them thrive in a dynamic market.

"Additionally, our ongoing commitment to green lending highlights our focus on sustainability and reducing the carbon footprint of the housing sector."

Please see the SBIUK Intermediary website for full details on the link: https://sbiuk.statebank/buy-to-let

Subject to terms and conditions.

buy-to-let mortgagespvsbi uk

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