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B2L Mortgage advice

I'm living abroad, but just wanted to assess my UK B2L mortgage to see if it's competitive. Can anyone advise, details are:

< lifetime tracker, half a percent +.39% (.89% presently) >

Would love to hear your thoughts to just settle my mind, or to see if I need to change?

Comments

  • silvercar
    silvercar Posts: 49,680 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    That is an excellent rate, the only risk is if base rate increases. But to fix on a BTL mortgage now you are looking at at least 4% and a LTV of less than 75%.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • magicgenie
    magicgenie Posts: 102 Forumite
    Excellent, many thanks.
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