x
By using this website, you agree to our use of cookies to enhance your experience.
STAY CONNECTED!
    
newsletter-button

TODAY'S OTHER NEWS

Borrowing has never been cheaper - the best-buy BTL mortgages unveiled

There has been a significant increase in the number of buy-to-let mortgage products available, with recent research by Mortgage Brain revealing that there are 1,853 mortgage deals on the market, up 52% year-on-year, but which deals are the best? 

With competition between mortgage providers continuing to grow, buy-to-let landlords now have access to some of the cheapest ever buy-to-let mortgages deals.

Finding the right mortgage to suit your needs can be a challenge, and so we asked Moneyfact.co.uk to provide us with the following range of ‘best buy’ buy-to-let mortgage products currently available:

BEST BUYS - Direct Products – BTL 2 Year Fixed Rates
Provider Rate Period Max LTV Min Fee
Virgin Money 1.85% 01/11/2018 60% £1,995
Virgin Money 1.99% 01/11/2018 60% £995
Principality BS 2.10% 30/09/2018 60% £895
Virgin Money 2.19% 01/11/2018 75% £1,995
Post Office Money® 2.27% 30/11/2018 70% £995
Virgin Money 2.45% 01/11/2018 75% £995
Skipton BS 2.49% 30/11/2018 70% £995
Post Office Money® 2.46% 30/11/2018 75% £995
Skipton BS 2.59% 30/11/2018 75% £995
HSBC 2.79% 31/12/2018 75% £349
         
         
BEST BUYS - Direct Products – BTL 3 Year Fixed Rates
Provider Rate Period Max LTV Min Fee
Virgin Money 2.29% 01/11/2019 60% £1,995
TSB 2.54% 30/11/2019 60% £1,260
Virgin Money 2.69% 01/11/2019 60% £995
State Bank of India 2.79% 3 years 60% -
Virgin Money 2.89% 01/11/2019 70% £995
Virgin Money 2.99% 01/11/2019 75% £995
Principality BS 3.05% 30/09/2019 75% £895
State Bank of India 3.09% 3 years 70% -
Metro Bank 3.09% 3 years 75% £999
Cumberland BS 3.26% 01/11/2019 75% £995
         
BEST BUYS - Direct Products – BTL 5 Year Fixed Rates
Provider Rate Period Max LTV Min Fee
Virgin Money 2.78% 01/11/2021 60% £1,995
Coventry BS 2.59% 31/01/2022 65% £1,999
Leeds BS 2.85% 30/11/2021 60% £999
Virgin Money 2.89% 01/11/2021 60% £995
Skipton BS 2.99% 30/11/2021 70% £1,995
Post Office Money® 2.99% 30/11/2021 70% £995
Leeds BS 3.15% 30/11/2021 70% £999
Post Office Money® 3.13% 30/11/2021 75% £995
Aldermore 3.99% 5 years 80% 2.50%
Clydesdale Bank 4.99% 30/11/2021 80% £999
         
BEST BUYS - Direct Products – BTL 1st Time Landlord Rates
Provider Rate Period Max LTV Min Fee
Virgin Money 1.80% 01/11/2018 60% £995
Leek United BS 1.99% 2 years 75% £995
Virgin Money 2.49% 01/11/2018 75% £995
Coventry BS 2.09% Term 65% £1,999
Virgin Money 2.45% 01/11/2018 75% £995
HSBC 2.79% 31/12/2018 75% £349
Virgin Money 2.29% 01/11/2019 60% £1,995
Virgin Money 2.99% 01/11/2019 75% £995
Coventry BS 2.59% 31/01/2022 65% £1,999
Post Office Money® 3.13% 30/11/2021 75% £995
         

Source: Moneyfact.co.uk

  • icon

    of course there is an increase in available products and no doubt this is due to the drop in applications for funds.
    Seen this kind of knee-jerk reaction in many business' over the years and all it does is increase workload but not profit. They are just kidding themselves as there are only so many fish in the sea to catch and this number of catches is getting less and less. Just look at the figures for sales in this sector which is being haled by this an many publications as dropping off year on year.

icon

Please login to comment

Zero Deposit Zero Deposit Zero Deposit
sign up