BTL mortgages at lowest ever rates

The good news for landlords and prospective landlords is that the average interest rates charged for both fixed rates and variable rate deals has fallen to the lowest levels ever.

Buy-to-let products at post crash high
The number of products on the market to service the growing interest in buy-to-let mortgages has risen to highs not seen since 2008, according to data from Moneyfacts, with the number of products on offer in July was up by 43 per cent to 665 compared to July 2013.

Average interest rates at lowest ever levels
At the same time, average interest rates charged for both fixed and variable deals have fallen to the lowest levels ever, at 4.17 per cent for the average fixed rate and 4.03 per cent for the average variable rate.

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