UK buy to let mortgage rates.
With a stamp duty hike due to come into effect at the end of next week, getting a competitive mortgage rate is set to become even more crucial to profitability.
Buy to let lending is strong, and lenders are attracting investors with ever more competitive deals. What to watch out for is fees, as on buy to let products they can be high.
Market highlights include:
- Barclays - A 2 year tracker for existing borrowers at 60% LTV at 1.93%. An early redemption charge applies.
- NatWest - A 2 year tracker at 60% LTV at 1.93%. An early redemption charge applies.
- Royal Bank of Scotland - A 2 year tracker at 60% LTV at 1.93%. An early redemption charge applies.
- HSBC – A 2 year fixed rate mortgage for current account holders at 60% LTV 1.98%. An early redemption charge applies.
To find out details of all competitive products available at your deposit level, call us at Deal Direct. We can compare all fixed rates and trackers on a like-for-like basis, we take into account all rates, fees and incentives when we make our comparison. We can find you a mortgage to help you invest in property.
For advice and a low rate quote, call us on 0800 048 8828. We are fully qualified and regulated to offer mortgage advice, however if you would like advice as to the suitability of property as an investment, you will need to speak to an IFA.
Note not all BTL mortgages are regulated by the FCA.
For impartial mortgage advice call 0800 048 8828.
