Buy to Let mortgages
Overview
Our Buy to Let mortgages are perfect for first time or experienced landlords.
Click here to find out all you need to know about Buy to Let mortgages
BBR is the Bank Base Rate (Bank of England UK Repo Rate). If the Bank Base Rate increases, up goes your monthly repayment; if it drops, then down goes your monthly repayment. The rate you pay will change within 30 days of a change in Bank Base Rate.
Base Rate Tracker mortgage - BBR + 2.09% for term
| Loan to value | Interest rate | The overall cost for comparison is | |
|---|---|---|---|
| 75% | 7.09%, variable | 7.4% APR | Apply |
| Reservation fee - 0.5% of loan amount | Rental to cover 125% of mortgage | No early repayment charge | Free legal fees or £200 cash back for remortgage customers | Free standard valuation (up to a maximum of £399), £200 cash back for purchase customers | 10% penalty-free capital repayment per annum facility available (subject to £10,000 cap) | 75% LTV | |||
Base Rate Tracker mortgage - BBR + 1.89 % for term
| Loan to value | Interest rate | The overall cost for comparison is | |
|---|---|---|---|
| 75% | 6.89%, variable | 7.2% APR | Apply |
| Reservation fee - 0.5% of loan amount | Rental to cover 125% of mortgage | No early repayment charge | 10% penalty-free capital repayment per annum facility available (subject to £10,000 cap) | 75% LTV | |||
3 Year Fixed rate followed by BBR + 1.45%
| Loan to value | Initial rate first 3 years | Then changing for remaining term to | The overall cost for comparison is | |
|---|---|---|---|---|
| 75% | 6.89%, | BBR +1.45%, variable | 6.9% APR | Apply |
| Reservation fee - £495 | Early repayment charge 5/4/3% redemption over 3 years| £300 cash back for remortgage | Rental to cover 125% of mortgage | 10% penalty-free capital repayment per annum facility available (subject to £10,000 cap) | LTV 75% | ||||