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Borrowing has never been cheaper - the best buy-to-let mortgages unveiled

Borrowing has never been cheaper - the best buy-to-let mortgages unveiled

There has been a significant increased in the number of buy-to-let mortgage products available, with recent research by Mortgage Brain revealing that there are 1,853 mortgage deals on the market, up 52% year-on-year, but which deals are the best? 

With competition between mortgage providers continuing to grow, buy-to-let landlords now have access to some of the cheapest ever buy-to-let mortgages deals.

Finding the right mortgage to suit your needs can be a challenge, and so we asked Moneyfact.co.uk to provide us with the following range of 'best buy' buy-to-let mortgage products currently available:

BEST BUYS - Direct Products . BTL 2 Year Fixed Rates
ProviderRatePeriodMax LTVMin Fee
Virgin Money1.85%01/11/201860%£1,995
Virgin Money1.99%01/11/201860%£995
Principality BS2.10%30/09/201860%£895
Virgin Money2.19%01/11/201875%£1,995
Post Office Money®2.27%30/11/201870%£995
Virgin Money2.45%01/11/201875%£995
Skipton BS2.49%30/11/201870%£995
Post Office Money®2.46%30/11/201875%£995
Skipton BS2.59%30/11/201875%£995
HSBC2.79%31/12/201875%£349
     
     
BEST BUYS - Direct Products . BTL 3 Year Fixed Rates
ProviderRatePeriodMax LTVMin Fee
Virgin Money2.29%01/11/201960%£1,995
TSB2.54%30/11/201960%£1,260
Virgin Money2.69%01/11/201960%£995
State Bank of India2.79%3 years60%-
Virgin Money2.89%01/11/201970%£995
Virgin Money2.99%01/11/201975%£995
Principality BS3.05%30/09/201975%£895
State Bank of India3.09%3 years70%-
Metro Bank3.09%3 years75%£999
Cumberland BS3.26%01/11/201975%£995
     
BEST BUYS - Direct Products . BTL 5 Year Fixed Rates
ProviderRatePeriodMax LTVMin Fee
Virgin Money2.78%01/11/202160%£1,995
Coventry BS2.59%31/01/202265%£1,999
Leeds BS2.85%30/11/202160%£999
Virgin Money2.89%01/11/202160%£995
Skipton BS2.99%30/11/202170%£1,995
Post Office Money®2.99%30/11/202170%£995
Leeds BS3.15%30/11/202170%£999
Post Office Money®3.13%30/11/202175%£995
Aldermore3.99%5 years80%2.50%
Clydesdale Bank4.99%30/11/202180%£999
     
BEST BUYS - Direct Products . BTL 1st Time Landlord Rates
ProviderRatePeriodMax LTVMin Fee
Virgin Money1.80%01/11/201860%£995
Leek United BS1.99%2 years75%£995
Virgin Money2.49%01/11/201875%£995
Coventry BS2.09%Term65%£1,999
Virgin Money2.45%01/11/201875%£995
HSBC2.79%31/12/201875%£349
Virgin Money2.29%01/11/201960%£1,995
Virgin Money2.99%01/11/201975%£995
Coventry BS2.59%31/01/202265%£1,999
Post Office Money®3.13%30/11/202175%£995
     

Source: Moneyfact.co.uk


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