Compare Natwest mortgage rates for buy-to-let deals through Deal Direct.
Natwest mortgages rates for buy-to-let are currently looking highly attractive to property investors, however with the property investment sector experiencing a boom many other lenders are also offering competitive deals.
If you buy a property to let out, you will need to secure a buy-to-let loan for which the amount you are able to borrow will be influenced by rental income.
When choosing which type of mortgage is the best deal you may prefer a slightly higher fixed rate because your rental income is fixed compared to a slightly lower tracker rate that will rise at some point when the Bank of England Base rate stars to move again.
The size of deposit you can raise is also crucial as the best rates are available to you if you have a substantial deposit.
Natwest mortgage rates for buy to let investors are available at 4.19% for a 2 year tracker and 4.69% for a two year fixed deal, both available for up to 75% loan to value. This compares with Woolwich deals at 3.89% for a 2 year tracker and 3.88% for a two year fixed loan but you will need a 40% deposit for these lower interest rate deals.
When looking at all mortgage products it is important to consider all factors and compare both interest rates and lenders product fees for different packages. The arrangement fees for buy-to-let mortgages can be significantly higher than for standard residential home mortgages.
Deal Direct can search the market on your behalf and find the most competitive deals on offer whether you are looking for Natwest mortgage rates or those from other lenders.
