LoveMoney.com has today issued a list of its top BTL fixed rates followed by its top BTL variable rates, as follows:
Lender; Term; Rate; Maximum loan-to-value; Fees.
The Mortgage Works, One-year fixed, 3.99 per cent, 60 per cent, 2.5 per cent of advance.
The Mortgage Works, One-year fixed, 4.99 per cent, 80 per cent, 3 per cent of advance.
BM Solutions, One-year fixed, 5.05 per cent, 75 per cent, 2.5 per cent of advance.
The Mortgage Works, Two-year fixed, 4.99 per cent, 70 per cent, 3.5 per cent of advance.
The Mortgage Works, Two-year fixed, 5.79 per cent, 80 per cent, 2.5 per cent of advance.
Leek BS, Two-year fixed, 4.58 per cent, 60 per cent, £995.
Godiva Mortgages, Three-year fixed, 5.30 per cent, 60 per cent, £1,749.
The Mortgage Works, Three-year fixed, 5.49 per cent, 80 per cent, 3 per cent of advance.
Woolwich, Three-year fixed, 5.49 per cent, 60 per cent, 1.25 per cent. of advance.
Coventry BS, Four-year fixed, 5.60 per cent, 60 per cent, £1,749.
Leeds BS, Five-year fixed, 6.29 per cent, 70 per cent, £1,549.
Clydesdale Bank, Five-year fixed, 6.99 per cent, 80 per cent, £999.
Lovemoney.com’s top BTL variable deals are as follows…
The Mortgage Works, One-year tracker, 3.24 per cent (Base rate + 2.74 per cent), 60 per cent, 3.5 per cent of advance.
The Mortgage Works, One-year tracker, 3.44 per cent (Base rate + 2.94 per cent), 70 per cent, 3.5 per cent of advance.
BM Solutions, One-year tracker, 4.35 per cent (Base rate + 3.85 per cent), 75 per cent, 3 per cent of advance.
The Mortgage Works, One-year tracker, 4.49 per cent (base rate + 3.99 per cent), 70 per cent, 2.5 per cent of advance.
Principality BS, Two-year tracker, 3.64 per cent (Base rate + 3.14 per cent), 60 per cent, 3.5 per cent of advance.
BM Solutions, Two-year tracker, 4.10 per cent (Base rate + 3.60 per cent), 60 per cent, 3 per cent of advance.
The Mortgage Works, Two-year tracker, 4.14 per cent (Base rate + 3.64 per cent), 70 per cent, 3.5 per cent of advance.
BM Solutions, Two-year tracker, 4.60 per cent (Base rate + 4.10 per cent), 75 per cent, 2.75 per cent of loan.
Halifax, Two-year tracker, 4.79 per cent (Base rate + 4.29 per cent)
75 per cent, £245 + 1.25 per cent of advance.
BM Solutions, Three-year tracker, 4.99 per cent (Base rate + 4.49 per cent), 75 per cent, £0.
Cheltenham & Gloucester, Three-year tracker, 4.99 per cent (Base rate + 4.49 per cent), 60 per cent, 2.5 per cent of advance.
Cheltenham & Gloucester, Three-year tracker, 5.29 per cent (Base rate + 4.79 per cent), 75 per cent, 2.5 per cent of advance.