Buy to Let Mortgage

PierremontQuaker03

Hi, my 5 year Buy to Let mortgage (interest only) is coming to end in August 2020.
Obviously lots of things have changed in the last 5 years. Was thinking of maybe selling due to the increase tax I have to pay due to the inability to offset mortgage interest payments against income. However, with the economy in free fall I am expecting house prices to take a hit. So maybe a two or three year mortgage would be better.
So just wondering
- Shall I take a capital and repayment instead of an interest only?
- What is the best way to search for a BTL mortgage - I have previously used a broker - L&C, but I quite like doing research before hand myself.
- what is the best mortgage term to get the best rates usually?
- shall I go to the current provider and ask them for there best offer to save on fees etc - although I don't think you can save on fees that way ??
Any advice would be much appreciated.

[Deleted User]

1.  Or an interest only mortgage and overpay at the rate of a C&I mortgage.   Can then drop it back when you need to
2.  Most BTL deals are only available through brokers and most lenders have such complex criteria for BTL its near impossible to do the same kind of research on best buy tables as a residential mortgage
3.  Usually 2 year deals have cheaper interest rates. But the behind the scenes calculations mean they are harder to get. All depends on the rent and mortgage balance to see how the lender view is
4.  Any decent broker should always be comparing a remortgage deal to a product transfer option to make sure they are advising you the best option

dimbo61

Why not dig out the mortgage paperwork and read what it says will happen to your BTL mortgage after the fix ends.
Mine went down as it was a tracker deal and has dropped even further due the the BOE base rate cut.