New 10 year fixed rate buy to let mortgage is launched by Barclays.
Barclays has launched a new range of fixed rate buy to let mortgages and advise its new deals are some of their best rates ever.
The details are as follows:
- 2 year fix for up to 65% LTV, starting at 1.89%
- 2 year fix for up to 75% LTV, starting at 2.09%
- 5 year fix for up to 75% LTV, starting at 2.99%
- 10 year fix for up to 65% LTV, starting at 2.99%
Please note: fees apply and these vary depending on the product.
Barclays takes both personal and rental incomes into account in determining affordability, to support landlords as much as possible. But they are not the only lender to review their ranges and offer excellent rates.
To make an informed decision on which buy to let mortgage would suit your needs the best, consult with one of our expert advisers at Deal Direct.
As a ‘whole of market’ broker, we are not limited to offering the products from a narrow selection of providers. As a result, we can offer you totally unbiased advice, which means securing the best deal possible, rather than the best deal from a limited choice.
Deal Direct are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of property as an investment, you will need to contact and independent financial adviser.
Please be aware that buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.