Choosing the right buy to let mortgage is a consideration when looking to buy an investment property in the UK. In order to assist our users, Hopwood House have partnered with L&C, the largest fee free mortgage broker in the UK.
L&C offer access to a wide range of buy to let and residential mortgages, offering fee-free advice regardless of whether you're looking to invest in a buy to let property or simply remortgaging. For more information, simply call one of L&C's specialist mortgage advisors on 0800 953 4090 today.
If you've had an offer accepted, or if you're remortgaging, you can speak to one of our advisors now on 0800 953 4090, or request a call back:
Below are some of the best buy and residential mortgage rates currently on the market. Contact one of L&C’s qualified advisors for a more personalised search of the market and advice. The award winning team at L&C not only work with you to ensure you qualify for any deal before you apply, they also provide expert support throughout the entire process.
|Lender||Description||Initial Rate||Subsequent Rate||Cost for Comparison (APRC)||Arrangement Fee||Early Repayment Charge||Loan to Value|
|Mansfield||Fixed for 3 years||2.59%||5.34%||4.8%||£0||3% for 3 years||80%|
|Mansfield||Fixed for 3 years||2.99%||5.34%||4.8%||£0||3% for 3 years||90%|
|Loughborough||Fixed for 3 years||3.49%||4.84%||4.8%||£100||3% for 3 years||95%|
|Furness||Fixed for 2 years||2.69%||5.29%||5.1%||£0||2% reducing to 1% for 2 years||90%|
|Hinckley & Rugby||Fixed for 2 years||3.45%||5.64%||4.9%||£199||2% for 2 years||90%|
|Co-Op||Base +2.49% for term||2.74%||4.49%||2.9%||£150||None||60%|
|Co-Op||Base +2.64% for term||2.89%||4.49%||3.0%||£150||None||70%|
|Co-Op||Base +2.79% for term||3.04%||4.49%||3.2%||£150||None||75%|
|First Direct||Standard variable rate||3.69%||3.69%||3.8%||£0||None||75%|
|First Direct||Base +2.49% for term||2.74%||3.69%||2.8%||£0||None||80%|
Representative example A mortgage of £157,314 payable over 20 years, initially on a fixed rate until 02/10/19 at 1.94% and then on a variable rate of 4.49% for the remaining 18 years would require 26 payments of £254.32 and 214 payments of £588.62. The total amount payable would be £291,646 made up of the loan amount plus interest (£132,577) and fees (£1,755). The overall cost for comparison is 4.3% APRC representative
Our calculators are designed to provide you with the answers you need in order to find the best buy to let mortgage deal for you.
Regardless of whether this is your first buy to let property, or you're looking to add to your existing buy to let mortgage, the calculator below will highlight how much you can borrow, based on your circumstances.
Use our buy to let mortgage calculator to see typical monthly repayment figures based on your selected criteria. Just enter the amount you want to borrow, how long for and the estimated interest rate.
For more information on buy to let mortgages, please browse our selection of helpful guides below.
If you are thinking about becoming a landlord for the first time, or you're thinking of extending your rental property portfolio as an experienced buy to let investor, you will require a buy to let mortgage to proceed rather than just a standard residential mortgage.Read Article
Please browse our research centre for additional information on different types of property investment including buy to let, student property and commercial property.
The Hopwood House Mortgage service is provided London & Country Mortgages Ltd, Beazer house, Lower Bristol Road, Bath, BA2 3BA. London & Country Mortgages Ltd are authorized and regulated by the Financial Conduct Authority (registered number: 143002). Calls may be recorded for training or monitoring purposes.