Compare the interest rates of buy to let mortgages and ensure you are getting the best deal possible from over 80 high street and specialist lenders…
The interest rates of buy to let mortgages can vary greatly – we will search our panel of lenders to help you get the very best rate we can achieve, to maximise your rental income.
Remember: These rates are only a guide – we may be able to get you an even better rate when you make your application.
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Yes. Buy to let mortgage rates are different from residential rates. They are different types of product, with different criteria.
In the past, buy to let mortgages rates used to be higher than residential mortgage rates.
At the moment, buy to let mortgages are available at historically low rates. So, the gap between buy to let mortgage rates and residential mortgage rates is narrower.
Buy to let mortgage rates are usually a little higher than residential rates.
Given landlords are not using the property they buy as a home for themselves, it is common to secure an interest-only buy to let mortgage rate. This means the monthly mortgage payment only pays the interest owed and not the capital borrowed.
If everything else is the same on a mortgage loan, then an interest-only rate would result in a cheaper monthly payment than a capital repayment rate. But, a capital repayment rate would mean that the borrower would own the property at the end of the mortgage term.
There are lots of factors that affect the buy to let rate an applicant can secure. The factors below do not increase or decrease a mortgage rate, but they do determine which lender will consider their application.