This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Buy To Let Mortgage Hotline - Call 0117 403 4222

1.75% 2 Year Fixed

  • Overall cost for comparison 4.3% APRC

Representative Example: Mortgage of £120,000 on property valued at £200,000 over term of 25 years. Rate fixed for 2 years after which reverts to Post Office variable rate of 4.74%.

Call Post Office FREE on 0808 178 6813

2.68% 5 Year Fixed

  • Overall cost for comparison 4.0% APRC

Representative Example: Mortgage of £120,000 on property valued at £200,000 over term of 25 years. Rate fixed for 2 years after which reverts to Post Office variable rate of 4.74%.

Call Post Office FREE on 0808 178 6813

Details sort by initial rateLenderInitial rate Rate type Overall cost for comparisonMax LTVProduct feeMonthly cost Enquire
Initial rate: 1.43%
Rate type: Fixed Oct-2019
Monthly cost: £488.68 per month
Max LTV: 60%
Product fee: £2270.00
Overall cost for comparison: 4.5% APRC
Barclays Bank logo 1.43% Fixed Oct-2019 4.5% APRC 60% £2270.00 £488.68 per month get quotes Call direct0117 313 7780
Initial rate: 1.43%
Rate type: Fixed Oct-2019
Monthly cost: £484.13 per month
Max LTV: 60%
Product fee: £1320.00
Overall cost for comparison: 4.3% APRC
Barclays Bank logo 1.43% Fixed Oct-2019 4.3% APRC 60% £1320.00 £484.13 per month get quotes Call direct0117 313 7780
Initial rate: 1.44%
Rate type: Fixed Jan-2020
Monthly cost: £486.96 per month
Max LTV: 60%
Product fee: £1755.00
Overall cost for comparison: 4.2% APRC
Santander UK Plc logo 1.44% Fixed Jan-2020 4.2% APRC 60% £1755.00 £486.96 per month get quotes Call direct0117 313 7780
Initial rate: 1.44%
Rate type: Fixed Jan-2020
Monthly cost: £486.96 per month
Max LTV: 60%
Product fee: £1755.00
Overall cost for comparison: 4.2% APRC
Santander UK Plc logo 1.44% Fixed Jan-2020 4.2% APRC 60% £1755.00 £486.96 per month get quotes Call direct0117 313 7780
Initial rate: 1.44%
Rate type: Fixed Jan-2020
Monthly cost: £486.96 per month
Max LTV: 60%
Product fee: £1755.00
Overall cost for comparison: 4.2% APRC
Santander UK Plc logo 1.44% Fixed Jan-2020 4.2% APRC 60% £1755.00 £486.96 per month get quotes Call direct0117 313 7780
Initial rate: 1.48%
Rate type: Fixed Oct-2019
Monthly cost: £491.02 per month
Max LTV: 60%
Product fee: £2270.00
Overall cost for comparison: 4.5% APRC
Barclays Bank logo 1.48% Fixed Oct-2019 4.5% APRC 60% £2270.00 £491.02 per month get quotes Call direct0117 313 7780
Initial rate: 1.6%
Rate type: Tracker 2 years
Monthly cost: £496.66 per month
Max LTV: 60%
Product fee: £2270.00
Overall cost for comparison: 4.5% APRC
Barclays Bank logo 1.6% Tracker 2 years 4.5% APRC 60% £2270.00 £496.66 per month get quotes Call direct0117 313 7780
Initial rate: 1.69%
Rate type: Fixed Dec-2019
Monthly cost: £496.22 per month
Max LTV: 60%
Product fee: £1670.00
Overall cost for comparison: 4.3% APRC
BM Solutions logo 1.69% Fixed Dec-2019 4.3% APRC 60% £1670.00 £496.22 per month get quotes Call direct0117 313 7780
Initial rate: 1.69%
Rate type: Fixed Dec-2019
Monthly cost: £496.25 per month
Max LTV: 60%
Product fee: £1061.00
Overall cost for comparison: 4.6% APRC
Skipton BS logo 1.69% Fixed Dec-2019 4.6% APRC 60% £1061.00 £496.25 per month get quotes Call direct0117 313 7780
Initial rate: 1.88%
Rate type: Tracker Feb-2020
Monthly cost: £510.20 per month
Max LTV: 60%
Product fee: £2273.00
Overall cost for comparison: 4.4% APRC
NatWest logo 1.88% Tracker Feb-2020 4.4% APRC 60% £2273.00 £510.20 per month get quotes Call direct0800 056 8572
12345678910...

Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

 

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

 

In this example the overall cost for comparison is 3.7% APRC representative.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

Buy to Let Mortgage Application

Buy to Let Mortgage Application

Regardless of which mortgage provider you choose, the buy to let mortgage application process will follow the same basic steps. Here we explain each stage to help guide you through your mortgage application start to finish.

  • Step 1: Collect your paperwork – Although there is usually less paperwork associated with buy to let mortgages in comparison to owner/occupier mortgages, it is worth noting that you could still be asked for the following documents.

    • Proof of Income                                        
    • Proof of Rental Income                                          
    • Proof of Address                                                   
    • Identification                                                     
    • 3 Months of Banks Statements                                  
    • Tax Return Forms                                      

Collecting all of the necessary documents as early as possible will mean there are no hold-ups in the applications process waiting for documents to arrive.

  • Step 2: Gain advice from a mortgage broker – Mortgage brokers are independent from mortgage lending companies and can assist in finding you the best available rates. They can also help you with any issues or concerns you may have with your application. Unlike owner occupier mortgages, buy to let mortgages are not regulated so it is important that you make the decision which you feel is right for you.
  • Step 3: The survey and valuation - The lender will instruct a surveyor to conduct a valuation of the property. It is also advisable to get a more detailed survey of the property at this stage to check for any potential structural issues. There are several types of surveys available depending on the age and type of property. If there are problems with the survey, the lender may ask for further checks to be made, or may refuse the mortgage altogether.
  • Step 4: The offer - When a formal mortgage offer is issued, the borrower, lender and solicitor will all be given a copy.  The offer formally states that they are prepared to lend subject to certain conditions that are usually confirmed by your solicitor. From this stage onwards it is normally down to your solicitor to complete the transaction and they will work with the seller’s solicitor to do so.
  • Step 5: Completing the purchase - Your solicitor or conveyancer will send a report to your lender known as the 'report on title', which tells the lender the results of searches carried out on the property and gives details about the legal title to the land. Your lender will then check that everything in this report is in order and feed back to your solicitor. Following this, your solicitor will ask your lender to transfer the money you are borrowing to them. On the day of completion of the purchase, this money is transferred to the seller's solicitor and you will receive the keys to your new property.

Speak to our specialist team to help you find the right buy to let mortgage option for you. Call one of our advisers on 0117 403 4222  or alternatively, fill in our online contact form for a free initial consultation.  

buy to let mortgage application

house icon

Call or Request Call Back from our Buy to Let Broker Team

Call us for a FREE initial conversation on 0117 403 4222 about your buy to let mortgage application options or request a callback.

request call back

Please confirm your details

Extra information

The optional information below will help us to contact you