Compare Lloyds BTL Mortgages
When selecting a buy to let mortgage deal typically you will have a choice between a fixed and tracker rate - what you select really depends on whether your budget is fixed or has a degree of flexibility. A fixed rate will stay the same for a set amount of time while a tracker rate moves up and down in accordance with Bank of England base rate. This obviously means that while rates are low you could pay substantially less and while rates are high you could face quite a heavy squeeze in your income. If you are unsure of your options you should seek financial advice.