BTL rates lowest ever says BofE

Buy-to-let mortgage rates are at a record low according to the Bank of England, down more than 0.5% over the course of the past year.

The Bank's data from February shows that a standard two-year fixed-rate buy to let mortgage deal is now at an average rate of 2.76%, down from 3.29% in February 2016.  

It's offers some comfort with all the changes in Buy To Let involving both taxation and the new PRA lending standards.

Buy-to-let mortgage rates fall to 12-month low https://t.co/uUyWX4QMWQ

— This is Money (@thisismoney) March 9, 2017

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