Buy to Let Tracker Mortgages
Buy To Let Tracker Mortgages - Buy to let tracker mortgages are buy to let mortgages with a tracker interest rate. Tracker interest rates generally follow the Bank of England base rate. As a result, buy to let tracker rate mortgages can be particularly cost effective if base rates fall during the term of the mortgage. Buy to let tracker rate mortgages, however, may be expensive if rates rise significantly.
Lenders generally assess buy to let tracker rate mortgages applications on the basis of expected rental income, which must usually cover 125 percent of monthly interest rate payments. It is often useful to undertake some research into local rental prices to ensure this is likely to be the case and prevent rejected applications.
At Capital Fortune, we specialise in securing buy to let tracker rate mortgages for clients with a variety of needs and requirements. To save you time and hassle, we complete all the necessary application documentation and undertake a comprehensive panel of lenders buy to let tracker rate mortgages search on your behalf. We offer a personalised service and carefully match the best buy to let tracker rate mortgages to your needs to ensure maximum suitability and affordability.
With a range of industry contacts at a variety of lenders, we have access to a range of buy to let tracker rate mortgages that may not be available on the high street, saving you money.
Call our mortgage broker team now on 020 3 216 2037 or complete the Mortgage Enquiry Online. As part of our service, we will call you back.
The table below lists some of the best buy to let tracker rate remortgage deals on the market.