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Top 5 fixed-rate BTL mortgages, split by LTV

Top 5 fixed-rate BTL mortgages, split by LTV

Category: Buy To Let

Updated: 13/04/2017
First Published: 04/11/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

If you're looking for a cracking buy-to-let mortgage deal, why not have a look at our list of the top fixed rate products currently available, with rates starting from as low as 3.29%!

Top 5 fixed-rate BTL mortgages, split by loan-to-value (LTV):

60% LTV

Virgin Money
Virgin Money

3.38% fixed till 1.02.2016
  • Maximum loan-to-value 60%
  • Rate fixed for two years
  • Fees: arrangement £1,995
  • Incentives: £750 rebate
  • Allows overpayments and payment holidays

Penny saysPenny says…
"Virgin Money is offering a competitive deal to buy-to-let borrowers with at least a 40% deposit.

"The £750 rebate and flexibility to overpay and take payment holidays will further boost this product's appeal."

65% LTV

Coventry Building Society
Coventry
Building Society

3.29% to 31.10.2015
  • Maximum loan-to-value 65%
  • Rate fixed for two years
  • Fees: booking £250, arrangement £250
  • Incentives: Free valuation fees (max £700). Free legal fees for those remortgaging
  • Allows overpayments and payment holidays

Penny saysPenny says…
"Priced at 3.29%, this is the lowest fixed rate available in the buy-to-let market.

"The low fee and generous incentive package make this deal great value for money."

70% LTV

Skipton Building Society
Skipton Building Society

3.48% fixed to 31.01.2016
  • Maximum loan-to-value 70%
  • Rate fixed for two years
  • Fees: completion £750, arrangement £245
  • Incentives: free valuation and legal fees for those remortgaging
  • Allows overpayments

Penny saysPenny says…
"This product from Skipton BS offers a cracking 3.48% to investors with at least a 30% deposit.

"Remortgage customers will benefit from the generous incentive package that includes a free valuation and free legal fees."

75% LTV

Notingham BS
Nottingham Building Society

3.69% to 01.11.2015
  • Maximum loan-to-value 75%
  • Rate fixed for two years/li>
  • Fees: booking £299, arrangement £1,200
  • Incentives: free valuation fees. Free legal fees for those remortgaging
  • Allows overpayments

Penny saysPenny says…
"This low rate buy-to-let mortgage from Nottingham BS should appeal to borrowers who have a 25% deposit.

"This low rate buy-to-let mortgage from Nottingham BS should appeal to borrowers who have a 25% deposit."

80% LTV

Yorkshire Bank
Yorkshire Bank

4.79% fixed to 31.01.16
  • Maximum loan-to-value 80%
  • Rate fixed for two years
  • Fees: Arrangement £999
  • Allows overpayments

Penny saysPenny says…
"Yorkshire Bank's buy-to-let mortgage offers a competitive rate to borrowers with a 20% deposit.

"It charges a reasonable fee of £999 and also allows overpayments."

Information & Rates correct as at: 04/11/2013

Disclaimer: Your home may be repossessed if you do not keep up with repayments on your mortgage. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.

What next?

Speak to a BTL mortgage adviser
Compare BTL mortgages for new landlords
Buy to let guides

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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