Buy To Let Mortgage Deals

Compare Buy To Let Mortgage Deals

Buy to let mortgage deals have proved extremely popular in recent years, as people have seen property as a long-term investment opportunity. In our comparison tables you can:

• Find the lowest mortgage rates from a range of leading buy to let providers
• Get buy to let quotes and find the best one suitable for you

Buying a property to let it out to tenants can be an effective way of attaining a steady income. Factors to consider include:

• How much deposit you can put down. The minimum deposit required by many lenders is 25%. Generally speaking the less deposit you put down the more you will pay in interest on the mortgage.
• The type of mortgage deal you want; a tracker mortgage may be suitable if you believe interest rates will remain relatively low; a fixed rate deal provides certainty for a period of time which is useful from a budgeting perspective.
• How much you wish to borrow – Buy to let lenders will have criteria on maximum loans.
• The rent you will enjoy on your buy to let – typically this needs to be 125% over what you will pay in interest on your mortgage.