Buy To Let 2 Year Tracker Mortgages
If you're thinking of investing in a Buy to Let property, it is important to consider all of the mortgage options available to ensure you get the right mortgage to suit your circumstances. Selecting the right mortgage is not necessarily straightforward. Tracker mortgages are just one of the options you can choose from, enabling you to choose Buy to Let mortgage deals based on their unique financial circumstances.
Tracker mortgages are offered in line with the Bank of England Base Rate. This means that if the base rate fluctuates by a set percentage, the interest rate and monthly payments will increase or decrease accordingly. At the end of your tracker period, the mortgage rate on your Buy to Let property will adjust to a Standard Variable Rate (SVR). See our Buy to Let tracker mortgage table for latest deals. Buy to let 2 year tracker mortgages are available from a selection of lenders.
If you are planning to purchase a Buy to Let property, you'll need to remember that your Buy to Let property will need to generate sufficient annual rental income to cover your annual interest mortgage payment.
If you require mortgage advice on your buy to let options please call our buy to let mortgage team on 0117 332 6063.