Buy-to-Let Mortgages - BTL Mortgages | moneyfacts.co.uk

Best Buy To Let Mortgage Rates

  - Buy to let mortgage comparison made easy. Find the best buy to let mortgages using our best buy charts, and find the lowest btl mortgage rates
Also look at:

Compare the Best Buy To Let Mortgages

Compare
Up to 3 products
side by side
Rate APRC Mortgage Type Period Max LTV Redemption Apply Today  
 
  2 Year Fixed  

1.64%
Reverting to 4.74%
4.5% Fixed 01/11/2019 60% To 01/11/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  

1.58%
Reverting to 4.74%
4.2% Fixed 31/10/2019 60% To 31/10/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  

1.83%
Reverting to 4.74%
4.3% Fixed 31/10/2019 70% To 31/10/2019 Details...
Go to Site
 
  Product Fee: Arrangement £1295  

1.83%
Reverting to 4.74%
4.3% Fixed 31/10/2019 75% To 31/10/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.39%
Reverting to 4.75%
4.4% Fixed 31/12/2019 65% To 31/12/2019 Details...
Go to Site
 
  Product Fee: Booking £349  

1.88%
Reverting to 4.74%
4.3% Fixed 31/10/2019 75% To 31/10/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  
  Sponsored Products  

1.89%
Reverting to 3.75%
3.6% Fixed 30/11/2019 60% To 30/11/2019 Details...
Go to Site
 
  Product Fee: Booking £995  

3.88%
Reverting to 4.73%
4.8% Fixed 2 years 70% 1st 2 yrs Details...
Go to Site
 
  Product Fee: Completion £1999  
   
  3 Year Fixed  

1.99%
Reverting to 4.74%
4.4% Fixed 01/11/2020 60% To 01/11/2020 Details...
Go to Site
 
  Product Fee: Arrangement £1995  

2.19%
Reverting to 4.74%
4.4% Fixed 01/11/2020 60% To 01/11/2020 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.39%
Reverting to 4.74%
4.5% Fixed 01/11/2020 75% To 01/11/2020 Details...
Go to Site
 
  Product Fee: Arrangement £1995  

2.49%
Reverting to 4.74%
4.5% Fixed 01/11/2020 70% To 01/11/2020 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.59%
Reverting to 4.74%
4.5% Fixed 01/11/2020 75% To 01/11/2020 Details...
Go to Site
 
  Product Fee: Arrangement £995  

1.99%
Reverting to 4.74%
4.1% Fixed 31/10/2020 60% To 31/10/2020 Details...
Go to Site
 
  Product Fee: Arrangement £1295  

2.08%
Reverting to 4.74%
4.1% Fixed 31/10/2020 60% To 31/10/2020 Details...
Go to Site
 
  Product Fee: Arrangement £1495  

2.28%
Reverting to 4.74%
4.2% Fixed 31/10/2020 70% To 31/10/2020 Details...
Go to Site
 
  Product Fee: Arrangement £1495  

2.38%
Reverting to 4.74%
4.2% Fixed 31/10/2020 75% To 31/10/2020 Details...
Go to Site
 
  Product Fee: Arrangement £1495  
  Sponsored Products  

3.48%
Reverting to 4.73%
4.8% Fixed 3 years 70% 1st 3 yrs Details...
Go to Site
 
  Product Fee: Completion 2.00% Advance  
   
  5 Year Fixed  

2.39%
Reverting to 4.74%
4.2% Fixed 01/11/2022 60% To 01/11/2022 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.24%
Reverting to 4.74%
4.2% Fixed 01/11/2022 60% To 01/11/2022 Details...
Go to Site
 
  Product Fee: Arrangement £1995  

2.84%
Reverting to 4.74%
4.4% Fixed 01/11/2022 70% To 01/11/2022 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.83%
Reverting to 4.74%
4.4% Fixed 01/11/2022 75% To 01/11/2022 Details...
Go to Site
 
  Product Fee: Arrangement £1995  

2.59%
Reverting to 4.75%
4.2% Fixed 31/12/2022 65% To 31/12/2022 Details...
Go to Site
 
  Product Fee: Booking £1999  

2.78%
Reverting to 4.74%
4.0% Fixed 31/10/2022 70% To 31/10/2022 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.78%
Reverting to 4.74%
4.1% Fixed 31/10/2022 75% To 31/10/2022 Details...
Go to Site
 
  Product Fee: Arrangement £1495  
  Sponsored Products  

2.98%
Reverting to 3.75%
3.6% Fixed 30/11/2022 75% To 30/11/2022 Details...
Go to Site
 
  Product Fee: Booking £995  

3.58%
Reverting to 3.23%
3.5% Fixed 5 years 75% 1st 5 yrs Details...
Go to Site
 
  Product Fee: Completion 2.00% Advance  
   
  Trackers  

2.44%
Reverting to 4.75%
4.5% Variable 2 years 75% None Details...
Go to Site
 
  Product Fee: Booking £349  

1.94%
Reverting to 4.75%
4.6% Variable 2 years 75% None Details...
Go to Site
 
  Product Fee: Booking £1999  

2.09%
Reverting to 4.75%
4.4% Variable 2 years 60% None Details...
Go to Site
 
  Product Fee: Booking £349  

2.40%
Reverting to 4.25%
4.4% Variable 30/11/2019 70% To 30/11/2019 Details...
Go to Site
 
  Product Fee: Arrangement £1995  

1.74%
Reverting to 4.74%
4.5% Variable 01/11/2019 60% To 01/11/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.09%
Reverting to 4.74%
4.6% Variable 01/11/2019 70% To 01/11/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.19%
Reverting to 4.74%
4.6% Variable 01/11/2019 75% To 01/11/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  
  Sponsored Products  

4.74%
 for Term
4.9% Variable Term 75% None Details...
Go to Site
 
  Product Fee: -  

1.88%
Reverting to 3.75%
4.0% Variable 30/11/2019 60% To 30/11/2019 Details...
Go to Site
 
  Product Fee: Arrangement £1995  
   
  First Time Landlord  

2.19%
Reverting to 4.74%
4.6% Variable 01/11/2019 75% To 01/11/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.19%
Reverting to 4.74%
4.4% Fixed 01/11/2020 60% To 01/11/2020 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.59%
Reverting to 4.75%
4.2% Fixed 31/12/2022 65% To 31/12/2022 Details...
Go to Site
 
  Product Fee: Booking £1999  

1.58%
Reverting to 4.74%
4.2% Fixed 31/10/2019 60% To 31/10/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  

1.88%
Reverting to 4.74%
4.3% Fixed 31/10/2019 75% To 31/10/2019 Details...
Go to Site
 
  Product Fee: Arrangement £995  

2.38%
Reverting to 4.74%
4.2% Fixed 31/10/2020 75% To 31/10/2020 Details...
Go to Site
 
  Product Fee: Arrangement £1495  
  Sponsored Products  

2.17%
Reverting to 3.75%
3.6% Fixed 30/11/2019 70% To 30/11/2019 Details...
Go to Site
 
  Product Fee: Booking £995  

1.89%
Reverting to 4.25%
4.0% Fixed 30/11/2019 60% To 30/11/2019 Details...
Go to Site
 
  Product Fee: Booking £995  
Compare
Last Updated: Tuesday 22 August 2017 16:26

Our team of experts have chosen those mortgages they believe to be Best Buys. A selection of those, for which we have arranged links are shown above, whilst products shown with a yellow background are sponsored products.

Most Buy-To-Let mortgages are not regulated by the Financial Conduct Authority (FCA). Whether a Buy-To-Let mortgage is regulated depends on your personal circumstances. The above information assumes that FCA regulation does not apply to the mortgage products shown.

Disclaimer:
YOUR BUY-TO-LET PROPERTY MAY BE REPOSSESSED IF YOU FAIL TO KEEP UP REPAYMENTS ON ANY MORTGAGE SECURED ON IT. 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.
 

Buy to let mortgages explained

Buy to let mortgages are very similar to a mortgage on your home, but there are some key differences:

  • Income assessment
    Buy to let mortgages are assessed primarily on the rent you are charging. The rent you charge must typically be 125% of the mortgage payment (so for a mortgage payment of £800, you'll need to be charging rent in the region of £1,000 per month). Some lenders also have a minimum income requirement as well, to give them some assurance you could meet mortgage payments during untenanted periods.

  • Interest rates
    Rates on even the best mortgage deals will usually be higher than on similar deals for your own home.

  • Deposit
    The amount of money that you need to put up can be higher for a BTL mortgage. While for a mortgage on your own home you might be able to access a deal requiring a 10% deposit, these mortgages require a minimum of 20%. In keeping with a mortgage on your own home, the very top rates are reserved for borrowers who can stump up a deposit of 30-40%.

  • High fees
    Buy to let mortgages generally charge higher arrangement fees - for a loan of £100,000, fees can range from £1,000 to £3,500. With such variance it's well worth shopping around, as well as enlisting the help of a good Buy to let mortgage adviser. It can often be the case that a mortgage with a lower rate can work out more expensive if the arrangement fees are high.

  • Age
    Unlike a normal mortgage, you may be able to secure a BTL mortgage way beyond your retirement age. This is because buy to let mortgage rates are usually assessed using the rental income you receive. If you're thinking of keeping a buy to let into retirement be sure that you've considered that managing a property will be work, even if you employ a letting agent. As well, consider the effect that any untenanted periods will have on your finances, particularly as your income is likely to be reduced after giving up work.

Buy to let mortgages are an investment

Buy to let is a form of property investment. As such, you have the potential to lose money as well as to make it.

Unlike other forms of investment, buy to let is often “leveraged” or part financed by borrowing through a mortgage. While this gives the opportunity to make big gains if property prices go up, it can exacerbate your losses if property prices go down.

Read our investment risk guide


Buy to let mortgage advice

Mortgage advice can be particularly important in the context of buy to let. An experienced adviser will have the in-depth market knowledge to help you find the most suitable mortgage.

We've partnered with a team of friendly and hugely experienced mortgage advisers who are on hand to help with your decision. Simply request a callback and someone will be in touch shortly. Our mortgage advice service is available if you need to borrow from £50,000, up to 80% of your property's value.

What next?

Speak to a mortgage adviser
Compare 2 year fixed BTL mortgages
Compare 3 year fixed BTL mortgages
Compare tracker rate BTL mortgages
BTL guides

 
 
Buy-to-let mortgage rates still falling
Buy-to-let mortgage rates still falling

Despite the increased scrutiny the buy-to-let (BTL) market has been facing, not to mention changes t... More

Rent increases at 14-month high
Rent increases at 14-month high

Many tenants find that rents can eat up more income than mortgage repayments, but unfortunately, thi... More

Limited companies outborrow landlords
Limited companies outborrow landlords

For the first time, limited companies have outdone landlords when it comes to buy-to-let lending, wi... More

BTL mortgages for Ltd companies double
BTL mortgages for Ltd companies double

The buy-to-let market has come under increased scrutiny of late, with tax reliefs being cut and prof... More

Buy-to-let fixed mortgage rates rise
Buy-to-let fixed mortgage rates rise

Landlords have had a difficult time of late thanks to tax relief changes, but the saving grace has b... More

BTL: Have you considered the investment risks?
BTL: Have you considered the investment risks?

Buy-to-let is enjoying a bit of renaissance: more mortgages available, higher rental yields and high... More

Tax on buy-to-let property and rental income
Tax on buy-to-let property and rental income

Whether you let a single flat or 100 properties, find out the tax on buy-to-let property and income ... More

The moneyfacts.co.uk guide to buy-to-let mortgages
The moneyfacts.co.uk guide to buy-to-let mortgages

Whether you’re a newbie to buy-to-let, or a seasoned investor, one of the most important things when... More

New 2yr BTL from Post Office Money enters charts
New 2yr BTL from Post Office Money enters charts

Post Office Money has launched a new two-year fixed rate buy-to-let (BTL) mortgage, which is attract... More

Post Office Money’s top 2yr BTL
Post Office Money’s top 2yr BTL

Post Office Money has launched a new two-year fixed rate buy-to-let mortgage which offers the lowest... More

Skipton decreases 2yr BTL rate
Skipton decreases 2yr BTL rate

Skipton BS has reduced the rate on its two-year fixed buy-to-let (BTL) mortgage, which has helped it... More

Virgin’s Outstanding 3yr BTL mortgage
Virgin’s Outstanding 3yr BTL mortgage

Virgin Money has reduced the rate on its three-year fixed buy-to-let mortgage by an impressive 0.40%... More

Barclays adds incentives to 5yr BTL deal
Barclays adds incentives to 5yr BTL deal

Barclays Mortgage has added incentives to its five-year fixed rate buy-to-let (BTL) mortgage deal, i... More

Close