Santander buy to let mortgage rates

Phill_-_Liverpool

just had a frustrating conversation with Santander rate line!!

Basically I have a residential mortgage on SVR at 4.74%

All I wanted to know was if I decide to change my mortgage to buy to let, what the rates might be if I tied myself into a new deal. Sounds pretty reasonable??

My response was....pay £295 to change it over and we'll tell you!!

Anybody here perhaps know the buy to let rates?? or perhaps another provider I could go to as I just want to know some rates should I decide to rent out. I am not tied into Santander so that isn't a problem...

thanks in advance.

GMS

May be better deals available away from Santander.

How much is the property worth? How much do you need to borrow? How much rent per month?

Phill_-_Liverpool

GMS wrote: »

May be better deals available away from Santander.

How much is the property worth? How much do you need to borrow? How much rent per month?

Reckon worth between 65-70k outstanding mortgage is 49k
had a rent appraisal and between 450-475 pcm but need to deduct letting fees (10%)

im aware of insurance safety certs and tax and I will be contributing towards mortgage repayment as I want capital & interest mortgage. would ideally like 10yr term but open to 12..