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What is the best current Buy To Let Mortgage on offer.
Options

56cheffy
Posts: 485 Forumite


Purchase price £50000, looking for a 75% interest only loan.
Should I be looking at a tracker, fixed or variable?
Thanks.
Should I be looking at a tracker, fixed or variable?
Thanks.
This post was created in an area that may contain nuts!
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Comments
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the title means nothing...not such as thing as best......depends on circumstances..ltv....etc....this is known as being a lazy landlord....if the property is worth investing in surely it's worth a bit more than posting..."What is the best current Buy To Let Mortgage on offer."0
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Thanks for the reply, but I don't appreciate the 'lazy landlord' comment.
I have amended my post.
ThanksThis post was created in an area that may contain nuts!0 -
Some lenders have a minimum house price of £60K.
I like the look of Principality's deals. Their arrangement fee is £999 for a fixed rate or is based on a %age (2.5% or 3.5%) for a tracker. This compares favourably with Natwest's flat fee of £1,999.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
Thanks GG..that's the one that jumped out at me.This post was created in an area that may contain nuts!0
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Gorgeous_George wrote: »Some lenders have a minimum house price of £60K.
I like the look of Principality's deals. Their arrangement fee is £999 for a fixed rate or is based on a %age (2.5% or 3.5%) for a tracker. This compares favourably with Natwest's flat fee of £1,999.
GG
Principality Max LTV 60%0 -
VIGILANT22 wrote: »Principality Max LTV 60%
Well spotted...;)This post was created in an area that may contain nuts!0 -
is this for your own home or a buy to let, are you a first time buyer? Alliance and leic min loan is £25k
re fixed or tracker, tracker always offered as cheaper but can go up
people who like to budget choose fixed
those that dont mind taking the chance interest rates wont move up for a while are opting for trackers
cheers VivienneI am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. I follow MSE's Mortgage Adviser Code of Conduct & any posts on here are for information & discussion purposes only & shouldn't be seen as financial advice.0 -
is this for your own home or a buy to let, are you a first time buyer? Alliance and leic min loan is £25k
re fixed or tracker, tracker always offered as cheaper but can go up
people who like to budget choose fixed
those that dont mind taking the chance interest rates wont move up for a while are opting for trackers
cheers Vivienne
Shame on you...... A&L BTL purchase is at rate of 7.04%0 -
What is the best current Buy To Let Mortgage on offer.is this for your own home or a buy to let,
:easter_os
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