BTL mortgage rates still falling

According to data from Moneyfacts, BTL mortgage rates are continuing to fall.

Moneyfacts say the average rate on a two-year fixed rate BTL mortgage is now at 3.32%, down from 5.21% in 2011. 

Rates on Five-year fixed rate BTL mortgages are also lower, now at 4% compared to 6.24% in 2011.

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