Buy-to-let mortgages rates and calculator

Property type

The type of rental property you invest in can also affect the buy-to-let mortgages you can apply for. Most lenders will accept standard houses and flats, but not every lender will accept houses in multiple occupation (HMOs), multi-unit blocks, ex-council properties, flats above shops or new build properties.

Buy-to-let Direct offers you our experience and expertise to help identify which lenders are most suitable for your particular buy-to-let property type.

Product type

Buy-to-let Direct provides you with a whole of market service which means we have access to products from all of the buy-to-let mortgage lenders in the UK, giving you the widest possible selection. We have variable rates, tracker rates and fixed rates for you to choose from with initial rates for 2 years, 3 years, 5 years, 7 years, 10 years or lifetime rates on some variable products.

The price of buy-to-let mortgages can vary considerably depending on the product type and the duration of the initial rate, so we are here to help you identify the best options for your individual needs.

Loan-to-value

The amount you want to borrow as a percentage of the value of your buy-to-let property is called the loan-to-value or LTV. The price of buy-to-let mortgages tends to increase as the LTV gets higher, so 60 per cent LTV products are normally cheaper that 80 per cent LTV products. Therefore, it is a good idea to work out how much you can afford as a deposit on your buy-to-let mortgage in order to get the best possible mortgage rates.

Other considerations

There are other factors that buy-to-let mortgage lenders will take into consideration when assessing an application which may include your age, employment status and portfolio size.