Property Hawk the landlord's homepage since 2006
Free Tenancy Agreement FREE tenancy agreement
Free Landlord Software FREE landlord software
Home | Property Manager | Free ASTs | Landlord Forms | Mortgages | Insurance | Inventory | Magazine | Landlords Bible | Directory | Forum | Training | News / Blog |

Tuesday, March 08, 2011

BTL mortgages - most popular

Below is a selection of the most popular buy-to-let mortgages currently available. For full information on these products, and all other buy-to-let mortgage schemes available to you, please visit www.propertyhawk.co.uk/mortgages.aspx to use the free online buy-to-let mortgage finder. If you would like to discuss your requirements with a member of the support team please telephone 029 2069 5446 or you can submit a quick enquiry directly to the team by filling in our online enquiry form.

Most popular buy-to-let mortgages
Interest RateOverall Cost for ComparisonMax LTVProduct DetailCompletion FeeEarly Repayment Charges
3.6% Tracker5.1% APR60%Variable tracker rate of LIBOR + 2.80% for 3 years then reverting to the lender's standard variable rate (currently 4.60%) + 0.5%. This product is available up to 60% and the rental calculation is 125% at a notional rate of 5%. There is a booking fee of £150 and an application fee will normally apply.2%5% of amount being repaid for 3 years
3.88% Tracker4.2% APR75%Variable tracker rate of BBR + 3.38% for the lifetime of the loan. This product is available up to 75% LTV and there is a rental calculation of 100% at a notional rate of 8.5%. An application fee will apply. Available on a repayment basis only. The completion fee is payable at offer stage. Refer all cases for fees, maximum LTV and loan amounts. REFER1% of original balance being repaid for 1 year
3.99% Discount5.4% APR75%Exclusive discounted rate of 3.99% (1.65% discount off the lender's SVR) for 2 years then reverting to the lender's standard variable rate which is currently 5.64% for the remainder of the term. This product has no early repayment charges. It is available up to 75% LTV and the rental calculation is 135% at payrate. There is a booking fee of £250 and an application fee will apply.£2499No
4.49% Fixed4.9% APR60%Fixed rate of 4.49% until 31/03/2013 then reverting to the lender's standard variable rate which is currently 4.74% for the remainder of the term. There is a free valuation up to £700 for purchases and remortgages and free legals for remortgages only. This product is available up to 60% LTV and the rental calculation is 125% at payrate. There is a booking fee of £250 and an application fee will apply.£9994% of amount being repaid until 31/03/2013
4.8% Fixed5.2% APR75%Fixed rate of 4.80% until 01/06/2013 then reverting to a variable of BBR + 4.24% to give a current rate of 4.74% for the remainder of the term. The product is available up to 75% LTV and the rental calculation is 125% at the payrate. An application fee will apply.2.5%3% of amount being repaid until 01/06/2013
4.8% Tracker5.6% APR75%Variable tracker rate of LIBOR + 4.00% for 2 years then reverting to the lender's standard variable rate of 4.60% + 0.25% = 4.85% to the end of year 5, then for the remainder of the term, the lender's standard variable rate of 4.60% + 0.75% = 5.35%. The product is available up to 75% LTV and the rental calculation is 130% at a notional rate of 7%. Please note that the completion fee will increase by 0.25% on applications for HMOs, freehold houses split into flats and limited companies. An application fee will normally apply.2.25%3% of amount being repaid for 2 years
4.95% Discount6.1% APR70%Exclusive discounted rate of 4.95% (1.04% discount off the lender's SVR + 0.3%) for 2 years then reverting to the lender's standard variable rate (currently 5.69%) + 0.3% for the remainder of the term. There is a free valuation up to £335 for purchases and remortgages and free legals on remortgages only. This product is available up to 70% LTV and the rental calculation is 130% at payrate. There is a booking fee of £199 and an application fee will apply.0%Tapered charges of 3/2% of the amount being repaid for the first 2 years
5.09% Fixed5.5% APR75%Product for first time landlords only. Fixed rate of 5.09% until 28/02/2013 then reverting to the lender's standard variable rate which is currently 4.99% for the remainder of the term. This product is available up to 75% LTV and the rental calculation is 125% at payrate. An application fee will apply.2.5% (min £595)5% of amount being repaid until 30/04/2013
5.19% Fixed5.5% APR75%Fixed rate of 5.19% until 31/05/2013 reverting to the lender's standard variable rate + 0.5% to give a current rate of 5.10% for the remainder of the term. This product is available up to 75% LTV and the rental calculation is 125% at a notional frate of 5%. There is a booking fee of £150 and an application fee will normally apply.2%5% of amount being repaid until 31/05/2013
5.99% Fixed6.2% APR85%Fixed rate of 5.99% for 2 years then reverting to a variable rate of LIBOR + 5.00% for the remainder of the term. This product is available up to 85% LTV and the rental calculation is 120% at payrate. An application fee will apply.2.5%5% of amount being repaid for 2 years

IMPORTANT! Due to current market conditions, lenders are withdrawing and replacing products with little or no notice.
Please check our website regularly to see the most up-to-date products available.

Please visit www.propertyhawk.co.uk/mortgages.aspx to search the full product range and find a buy-to-let mortgage to suit your specific personal circumstances.

Email: info@propertyhawkbtlmortgages.co.uk

Tel: 029 2069 5446

Your home may be repossessed if you do not keep up repayments on your mortgages. The Financial Services Authority does not regulate some forms of mortgage.


Bookmark and Share

No comments: