Buy to Let Variable Rates
You’re now viewing our range of Buy to Let variable rate mortgages.
To view other types of Buy to Let mortgage product please click on the relevant product classification heading in the left hand menu bar. For full information on a particular Buy to Let mortgage please click on the relevant box heading below.
| Product | Early Repayment Charge | Loan to value | Fees | Quote/Enquiry |
|---|---|---|---|---|
| 6.75% Loan Term Tracker |
2% of the amount being repaid for the first 3 years. | 75% loan to value up to £1,000,000 loan amount. | 1.5% of the loan amount is added to the loan at completion. | Quote Enquiry |
| 6.75% Loan Term Tracker |
2% of the amount being repaid for the first 3 years. | 75% loan to value up to £1,000,000 loan amount. | 1.5% of the loan amount is added to the loan at completion. | Quote Enquiry |
| 7.05% Loan Term Tracker |
3% of the amount being repaid for the first 2 years from drawdown. | 75% loan to value up to £375,000 loan amount. | 1% of the loan amount is due on completion. | Quote Enquiry |
Discount and loan term trackers are both variable rate mortgages and are generally aligned to either the lender’s standard variable rate or Bank of England Base Rate. Some mortgages may also be charged at a rate over LIBOR – London Interbank Offered Rate - which determines the value banks will lend each other money. Investors should factor in interest rate rises when considering Buy to Let variable 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 changes 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 Committee.
Why not find out more about our landlords building insurance, Buy to Let fixed rate mortgages or our Buy to Let discounted rate mortgages. We also have experts available who can help you with your commerical mortgage, property development finance and residential mortgage needs.
