2-year fixed rate deals from 2.08% at 75% LTV and 1.78% at 60% LTV

Larger family houses

Many landlords favour a buy-to-let mortgage loan to value (LTV) of 75% borrowing with a 25% deposit. This is because this ratio achieves a comfortable balance between gearing the investment for an attractive return, versus investing enough to gain access to a favourable range of rates.

The deal below stands out amongst others at this LTV, because the rate is very competitive when stacked up against other lower rates that generally carry either higher product fees or limiting personal income thresholds for the applicant (if this is a factor for you).

75% LTV 2-year fixed rate buy-to-let mortgage

2-year fixed rate buy-to-let mortgage
Product typeInitial rateMax LTVProduct feeERC's**
2-year fixed 2.08% 75% £1495 For 2 years

**Early Repayment Charge

If you have a higher level of equity in your property for a remortgage, or can purchase at 60%, the rate drops to 1.78% - still with the benefit of no minimum income threshold:

60% LTV 2-year fixed rate buy-to-let mortgage

2-year fixed rate buy-to-let mortgage
Product typeInitial rateMax LTVProduct feeERC's**
2-year fixed 1.78% 60% £1495 For 2 years

**Early Repayment Charge
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Enquire online about this deal

No personal income threshold

Landlords who have a lower level of income can often find themselves falling short of the minimum income criteria used by some lenders, which is generally around £20,000 - £25,000.

The lender behind the products above will need to see evidence of your income, but there is no minimum threshold, which opens up these products to a wide range of borrowers.

Conveyancing benefits

If you are purchasing or remortgaging, both products come with a free standard valuation.

If you are looking to remortgage using the 60% LTV product, the lender will pay standard legal fees; ask one of the team here for details.

First-time landlords

First time landlord applications are accepted by this lender, but you must be an ‘owner-occupier’ – i.e. own the house you live in – with or without a mortgage.

Maximum portfolio restrictions

Please note this lender will accept a total portfolio size of three buy-to-let properties per applicant (either solely or jointly) across all lenders. Unencumbered buy-to-let properties do not count towards this total.

Mortgage Criteria Summary

  • Available for properties in England, Scotland, Wales and Northern Ireland
  • For purchase or remortgage
  • Maximum age 80-years old at end of mortgage term
  • Minimum loan amount is £60,000
  • Not available to limited companies, HMO or ex-pats

Apply with one of our team of experts

If the above deals are of interest and you wish to discuss your eligibility, speak with one of our team today: 

Call us on 0800 032 6388 or enquire online

This information should not be interpreted as financial advice. Mortgage and loan rates are subject to change.

Top