Many investors are being tempted into becoming Landlords with attractive rental yields on offer and the potential for future growth in equity. The “Buy to Let” market has seen tremendous growth over the past few years with an ever increasing choice of product providers. As lender’s criteria and rates available vary considerably, Professional Mortgage Services will ensure your individual circumstances are matched to the most relevant product. We offer a helping hand for new investors and a Portfolio Management Service for experienced Landlords. Below is an up-to-date assessment of some of the Best Buys that are currently available in the market.
Last updated Friday 23rd August 2024
| Initial Rate | Description | Subsequent Rate | Overall Cost Comparison (APRC) | Early Repayment Charge | Maximum LTV | Rent To Interest | Fee |
|---|---|---|---|---|---|---|---|
| 5.48% | 2 Year Tracker – Penalty Free | 7.60% | 7.50% | Nil | 60% | From 125% at 7.48% | £1,999 |
| 3.49% | 2 Year Fix | 8.49% | 8.20% | 2.5% Year 1, 1.5% Year 2 | 65% | From 125% at 4.50% | 3% |
| 5.76% | 2 Year Fix – Income Based | 9.74% | 9.40% | 1% Years 1-2 | 75% | Based on personal income | £1,795 |
| 3.71% | 5 Year Fix | 9.34% | 7.70% | 5% Year 1, reducing to 1% by Year 5 | 50% | From 125% at 5% | 3% |
These figures are correct at the time of going to the Internet.
Loans subject to status, type and value of property. Mortgage secured on property. Insurance may be required. Credit broker fees of up to 1% of the amount borrowed may be charged dependent on the type of product. Written quotations available on request.
Authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority do not regulate some types of Buy to Let mortgages.
Professional Mortgage Services and PMS are trading styles of Professional Mortgage Services UK LLP. Registered in England NO: OC335227.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.