What are the best buy-to-let discounted variable mortgage deals?
Discounted variable rate mortgage deals for buy-to-let customers are much the same as for the residential market. That is to say that they offer a mortgage where the rate you pay is discounted from the lender’s standard variable rate (SVR) for a set period, say two or three years.
Discounted variable rate mortgages can sometimes be cheaper than their fixed rate equivalents as there is no guarantee that your monthly repayments will stay the same, being liable to fluctuate up or down as the lender’s SVR alters. The best buy-to-let discounted variable mortgages will often be those that offer the lowest rates, but as we discuss below, there’s far more to consider.
How our best buy-to-let discounted variable mortgage deals comparison works
Starting from the top of the chart, you’ll find all the deals available directly from the providers. If one of these catches your eye, just use the ‘Go To Provider’s Site’ button for more information or to make an application. Under these are the deals currently offered by other lenders – these are listed by ascending interest rate. Although you can’t apply directly for these you can speak to one of our broker partners if you are interested in any of them. Alternatively, you can filter your results and/or simply untick the relevant box above the chart and you’ll instantly be presented with the lowest-rate deals at the top, whether or not they have a provider link.
How to choose the best buy-to-let discounted variable mortgage deals for you
Picking the right buy-to-let discounted variable mortgage is a bit more complicated than just opting for the one with the lowest interest rate. You’ll need to take a number of additional factors into account, such as any product fees or incentives offered, and this can take a bit of time. However, we’ve tried to make it as simple as possible for you to compare deals using our website – with Moneyfacts.co.uk you can see how each product measures up against the same criteria, allowing you to compare like for like and decide which is the best fit for you.