Buy to Let Variable Rates
You are now viewing the range of Buy to Let Variable Rate
mortgage products.
To view other types of Buy to Let mortgage product please click on
the relevant product classification heading in the left hand menu
bar and for full information on a particular variable rate Buy
to Let mortgage please click on the relevant box heading
below.
| Scheme Style |
Early Repayment Charge |
Loan to Value |
Fees |
|
| 5.94% variable until 31/07/2010, Bank of England Base Rate (currently 5%) + 0.94%, then reverting to the lenders Standard Variable Rate of 7.25% for the remaining term, to give a current reversion rate of 7.25% |
3% of redeeming balance to 01/08/2009 then 2% to 31/07/2010 |
80% to £500,000 |
2.5% |
Enquiry
Quote
|
| 6.49% variable, Bank of England Base Rate (currently 5%) + 1.49% for 3 years, then reverting to a variable rate of Bank of England Base Rate + 2.44% for the remaining term, to give a current reversion rate of 7.44%. |
3% of redeeming balance for the first 3 years |
75% to £1m |
2% |
Enquiry
Quote
|
| Bank of England Base Rate (currently 5%, variable) + 1.59% for the loan term, to give a current reversion rate of 6.59%.
Remortgage Only Product - Free legal and valuation service. |
6 months interest at the interest charging rate for 3 years |
75% to £1,000,000 |
1.5% minimum £1500 |
Enquiry
Quote
|
| 6.64% variable, the lender's Standard Variable Rate (currently 7.24%, variable) - 0.6% for 3 years, then reverting to the Lender's Standard Variable for the remaining term, to give a current reversion rate of 7.24%
Remortgage Only with free valuation and legal service |
3% of redeeming balance for the first 3 years |
75% to £250,000 |
£499 |
Enquiry
Quote
|
| 6.65% variable, the lender's Standard Variable Rate (currently 7.34%, variable) - 0.69% for 3 years, then reverting to the lender's Standard Variable Rate + 0.50% to give a current reversion rate of 7.84% |
6 months interest at the lenders Standard Variable Rate for the first 3 years from drawdown. |
75% to £500,000 |
£690 |
Enquiry
Quote
|
| 6.69% variable, Bank of England Base Rate (currently 5%) + 1.69% for 3 years, then reverting to a variable rate of Bank of England Base Rate + 2.44% for the remaining term, to give a current reversion rate of 7.44%. |
3% of redeeming balance for the first 3 years |
80% to £1m |
2% |
Enquiry
Quote
|
| 6.74% variable, Bank of England Base Rate (currently 5%) + 1.74% until 31/05/2011, then reverting to a variable rate of Bank of England Base Rate + 1.75% for the remaining term, to give a current reversion rate of 6.75%.
Holiday Let Product. |
5% of redeeming balance to 31/05/10 then 4% to 31/05/11 |
80% to £500000 |
£799 |
Enquiry
Quote
|
| Bank of England Base Rate (currently 5%, variable) + 1.75% for the loan term, to give a current reversion rate of 6.75%. |
Nil |
80% to £500,000 |
£1499 |
Enquiry
Quote
|
Buy to Let variable mortgages track both Bank of England
Base Rate or the various lender's LIBOR rates. By clicking
the individual Buy to Let mortgages above you will be able to glean
the rate a particular mortgage tracks, and what that variable basis
rate is currently priced at.
Bank of England Base Rate change on a monthly basis and this
will affect the pricing of your variable rate Buy to Let
mortgage. This decision is made by the MPC - Monetary Policy
Commitee.
Further information on LIBOR rates and how they can affect Buy
to Let Mortgage pricing can be found at BBA (British Bankers Association),
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