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Santander From Consent to Let to Buy to Let Rates
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Posts: 543 Forumite
Hi
Just wondered if Santander choose to use their right to change the rates of a residential mortgage that has just been approved for Consent to Let at any time, onto 'rates equivalent to their Buy to Let product'....Then does anyone know what those rates are likely to be.
For example I am 5 year fix at 4.99 and have nearly 4 years left on this - but have CTL. So if Santander came in and said they were going to put the rates up to that of similar but BTL product then does anyone know what this might be.
I've looked online for current BTL products by Santander at 5 year fix but can't seem to find them so I wondered if anyone knew of any or if this has happened to anyone recently?
Thanks...
Just wondered if Santander choose to use their right to change the rates of a residential mortgage that has just been approved for Consent to Let at any time, onto 'rates equivalent to their Buy to Let product'....Then does anyone know what those rates are likely to be.
For example I am 5 year fix at 4.99 and have nearly 4 years left on this - but have CTL. So if Santander came in and said they were going to put the rates up to that of similar but BTL product then does anyone know what this might be.
I've looked online for current BTL products by Santander at 5 year fix but can't seem to find them so I wondered if anyone knew of any or if this has happened to anyone recently?
Thanks...
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