📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

End of but to let tie in.

I am coming to the end of my 3 year tie in with my buy to let mortgage. Will it automatically drop to the lower interest rate or is it different with buy to let motrgages?

Comments

  • Gorgeous_George
    Gorgeous_George Posts: 7,964 Forumite
    Part of the Furniture Combo Breaker
    It reverts to the rate that you agreed it would revert to when you took the mortgage out.

    Did you read the agreement before signing it? I haven't even seen your agreement so cannot tell you the actual rate.

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It will drop to your lenders SVR.
  • Gorgeous_George
    Gorgeous_George Posts: 7,964 Forumite
    Part of the Furniture Combo Breaker
    Thrugelmir wrote: »
    It will drop to your lenders SVR.

    How do you know that?

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • ILW
    ILW Posts: 18,333 Forumite
    Is "but to let" some sort of rent boy thing?
  • If you cannot find the paperwork, ring up and ask. No one on here has a crystal ball..
    I want to be credit card and loan free by Christmas 2010
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.