Our Best buy to let mortgage rate tables are updated daily for the latest buy to let mortgage rates available. The mortgage rates below are the lowest buy to let mortgages in the market with early repayment charges. If you have any questions about the BTL mortgage & remortgage schemes below please contact us with any queries.
Current Buy to Let mortgage rates based on a property value of £200,000 and a mortgage of £100,000 . This represents a 50% LTV interest-only Buy to Let mortgage.
Showing 10 out of 1304 matching Buy to Let mortgage rates, correct as of 26/08/2026.
| Lender | Mortgage Product | Mortgage Type | Initial Rate | Initial Rate Period | Initial Monthly Payment | Maximum LTV | Product Fee | More Information |
|---|---|---|---|---|---|---|---|---|
| The Stafford for Intermediaries | BTL 2 Year Discount 5% Fee Expat | Discount | 2.9% | 2 years | £241.67 | 70% | 5% | See more information |
| CHL Mortgages | CHL 1 BTL 2 Year Fixed 7.00% Fee (LTD CO.) Limited Edition | Fixed | 2.95% | 2 years | £245.83 | 75% | 7% | See more information |
| CHL Mortgages | CHL 1 BTL 2 Year Fixed 7.00% Fee Small HMO (INDIVIDUAL) Limited Edition | Fixed | 3.05% | 2 years | £254.17 | 75% | 7% | See more information |
| CHL Mortgages | CHL 1 BTL 2 Year Fixed 7.00% Fee (INDIVIDUAL) | Fixed | 3.09% | 2 years | £257.50 | 65% | 7% | See more information |
| CHL Mortgages | CHL 2 BTL 2 Year Fixed 7.00% Fee Short Term Let (SPV LTD CO.) | Fixed | 3.16% | 2 years | £263.33 | 65% | 7% | See more information |
| Zephyr Homeloans | BTL 2 Year Fixed 7% Fee EPC A-E | Fixed | 3.19% | 2 years | £265.83 | 65% | 7% | See more information |
| CHL Mortgages | CHL 1 BTL 2 Year Fixed 7.00% Fee Small HMO (INDIVIDUAL) | Fixed | 3.19% | 2 years | £265.83 | 65% | 7% | See more information |
| CHL Mortgages | CHL 2 BTL 2 Year Fixed 7.00% Fee (SPV LTD CO.) | Fixed | 3.19% | 2 years | £265.83 | 65% | 7% | See more information |
| The Stafford for Intermediaries | BTL 2 Year Discount 5% Fee Holiday Let Expat | Discount | 3.2% | 2 years | £266.67 | 70% | 5% | See more information |
| The Mortgage Works | Intermediary BTL 1 Year Fixed 2% Fee | Fixed | 3.24% | 1 year | £270.00 | 75% | 2% | See more information |
For the first 2 years the Buy to Let mortgage rate is 2.9% giving you a monthly payment of £241.67 .
After your discount rate ends, you will move to the The Stafford for Intermediaries standard variable rate which is currently 7.15% . This would give you a monthly repayment of £595.83 .
The maximum Loan to Value (LTV) is 70% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £11,340.08 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 5.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £5,000.00. |
|---|---|
| Booking Fee | £100.00 |
| Arrangement Fee | £5,000.00 |
| Telegraphic Transfer Fee | £30.00 |
| Valuation Fee | £285.00 |
| Total Fees | £5,540.00 |
| Early Repayment Charge | 2 years |
Initial Monthly Payment
£241.67
Ongoing Monthly Payment
£595.83
True Cost Over Initial Period
£11,340.08
Total Amount Repayable
£175,789.16
Lender: The Stafford for Intermediaries
Mortgage type: Buy to Let
Rate type: Discount
Initial rate: 2.9%
Initial rate period: 2 years
Initial monthly payment: £241.67
Monthly payment after initial period: £595.83
Standard Variable Rate: 7.15%
Maximum LTV: 70%
Product fee: 5.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £5,000.00.
Arrangement fee: £5,000.00
Booking fee: £100.00
Telegraphic transfer fee: £30.00
Valuation fee: £285.00
Total fees: £5,540.00
APR: 7.1%
Early repayment charge: 2 years
True cost over initial period: £11,340.08
True cost over full mortgage term: £175,789.16
For the first 2 years the Buy to Let mortgage rate is 2.95% giving you a monthly payment of £245.83 .
After your fixed rate ends, you will move to the CHL Mortgages standard variable rate which is currently 8.74% . This would give you a monthly repayment of £728.33 .
The maximum Loan to Value (LTV) is 75% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £13,459.92 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00. |
|---|---|
| Booking Fee | £150.00 |
| Arrangement Fee | £7,000.00 |
| Telegraphic Transfer Fee | £25.00 |
| Valuation Fee | £200.00 |
| Total Fees | £7,560.00 |
| Early Repayment Charge | 2 years |
Initial Monthly Payment
£245.83
Ongoing Monthly Payment
£728.33
True Cost Over Initial Period
£13,459.92
Total Amount Repayable
£214,479.00
Lender: CHL Mortgages
Mortgage type: Buy to Let
Rate type: Fixed
Initial rate: 2.95%
Initial rate period: 2 years
Initial monthly payment: £245.83
Monthly payment after initial period: £728.33
Standard Variable Rate: 8.74%
Maximum LTV: 75%
Product fee: 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00.
Arrangement fee: £7,000.00
Booking fee: £150.00
Telegraphic transfer fee: £25.00
Valuation fee: £200.00
Total fees: £7,560.00
APR: 8.8%
Early repayment charge: 2 years
True cost over initial period: £13,459.92
True cost over full mortgage term: £214,479.00
For the first 2 years the Buy to Let mortgage rate is 3.05% giving you a monthly payment of £254.17 .
After your fixed rate ends, you will move to the CHL Mortgages standard variable rate which is currently 8.74% . This would give you a monthly repayment of £728.33 .
The maximum Loan to Value (LTV) is 75% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £13,925.08 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00. |
|---|---|
| Booking Fee | £150.00 |
| Arrangement Fee | £7,000.00 |
| Telegraphic Transfer Fee | £25.00 |
| Valuation Fee | £465.00 |
| Total Fees | £7,825.00 |
| Early Repayment Charge | 2 years |
Initial Monthly Payment
£254.17
Ongoing Monthly Payment
£728.33
True Cost Over Initial Period
£13,925.08
Total Amount Repayable
£214,944.16
Lender: CHL Mortgages
Mortgage type: Buy to Let
Rate type: Fixed
Initial rate: 3.05%
Initial rate period: 2 years
Initial monthly payment: £254.17
Monthly payment after initial period: £728.33
Standard Variable Rate: 8.74%
Maximum LTV: 75%
Product fee: 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00.
Arrangement fee: £7,000.00
Booking fee: £150.00
Telegraphic transfer fee: £25.00
Valuation fee: £465.00
Total fees: £7,825.00
APR: 8.8%
Early repayment charge: 2 years
True cost over initial period: £13,925.08
True cost over full mortgage term: £214,944.16
For the first 2 years the Buy to Let mortgage rate is 3.09% giving you a monthly payment of £257.50 .
After your fixed rate ends, you will move to the CHL Mortgages standard variable rate which is currently 8.74% . This would give you a monthly repayment of £728.33 .
The maximum Loan to Value (LTV) is 65% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £13,740.00 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00. |
|---|---|
| Booking Fee | £150.00 |
| Arrangement Fee | £7,000.00 |
| Telegraphic Transfer Fee | £25.00 |
| Valuation Fee | £200.00 |
| Total Fees | £7,560.00 |
| Early Repayment Charge | 2 years |
Initial Monthly Payment
£257.50
Ongoing Monthly Payment
£728.33
True Cost Over Initial Period
£13,740.00
Total Amount Repayable
£214,759.08
Lender: CHL Mortgages
Mortgage type: Buy to Let
Rate type: Fixed
Initial rate: 3.09%
Initial rate period: 2 years
Initial monthly payment: £257.50
Monthly payment after initial period: £728.33
Standard Variable Rate: 8.74%
Maximum LTV: 65%
Product fee: 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00.
Arrangement fee: £7,000.00
Booking fee: £150.00
Telegraphic transfer fee: £25.00
Valuation fee: £200.00
Total fees: £7,560.00
APR: 8.8%
Early repayment charge: 2 years
True cost over initial period: £13,740.00
True cost over full mortgage term: £214,759.08
For the first 2 years the Buy to Let mortgage rate is 3.16% giving you a monthly payment of £263.33 .
After your fixed rate ends, you will move to the CHL Mortgages standard variable rate which is currently 8.74% . This would give you a monthly repayment of £728.33 .
The maximum Loan to Value (LTV) is 65% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £13,879.92 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00. |
|---|---|
| Booking Fee | £150.00 |
| Arrangement Fee | £7,000.00 |
| Telegraphic Transfer Fee | £25.00 |
| Valuation Fee | £200.00 |
| Total Fees | £7,560.00 |
| Early Repayment Charge | 2 years |
Initial Monthly Payment
£263.33
Ongoing Monthly Payment
£728.33
True Cost Over Initial Period
£13,879.92
Total Amount Repayable
£214,899.00
Lender: CHL Mortgages
Mortgage type: Buy to Let
Rate type: Fixed
Initial rate: 3.16%
Initial rate period: 2 years
Initial monthly payment: £263.33
Monthly payment after initial period: £728.33
Standard Variable Rate: 8.74%
Maximum LTV: 65%
Product fee: 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00.
Arrangement fee: £7,000.00
Booking fee: £150.00
Telegraphic transfer fee: £25.00
Valuation fee: £200.00
Total fees: £7,560.00
APR: 8.8%
Early repayment charge: 2 years
True cost over initial period: £13,879.92
True cost over full mortgage term: £214,899.00
For the first 2 years the Buy to Let mortgage rate is 3.19% giving you a monthly payment of £265.83 .
After your fixed rate ends, you will move to the Zephyr Homeloans standard variable rate which is currently 8.65% . This would give you a monthly repayment of £720.83 .
The maximum Loan to Value (LTV) is 65% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £13,719.92 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00. |
|---|---|
| Booking Fee | £0.00 |
| Arrangement Fee | £7,000.00 |
| Telegraphic Transfer Fee | £30.00 |
| Valuation Fee | £255.00 |
| Total Fees | £7,340.00 |
| Early Repayment Charge | 2 years |
Initial Monthly Payment
£265.83
Ongoing Monthly Payment
£720.83
True Cost Over Initial Period
£13,719.92
Total Amount Repayable
£212,669.00
Lender: Zephyr Homeloans
Mortgage type: Buy to Let
Rate type: Fixed
Initial rate: 3.19%
Initial rate period: 2 years
Initial monthly payment: £265.83
Monthly payment after initial period: £720.83
Standard Variable Rate: 8.65%
Maximum LTV: 65%
Product fee: 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00.
Arrangement fee: £7,000.00
Booking fee: £0.00
Telegraphic transfer fee: £30.00
Valuation fee: £255.00
Total fees: £7,340.00
APR: 8.7%
Early repayment charge: 2 years
True cost over initial period: £13,719.92
True cost over full mortgage term: £212,669.00
For the first 2 years the Buy to Let mortgage rate is 3.19% giving you a monthly payment of £265.83 .
After your fixed rate ends, you will move to the CHL Mortgages standard variable rate which is currently 8.74% . This would give you a monthly repayment of £728.33 .
The maximum Loan to Value (LTV) is 65% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £14,204.92 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00. |
|---|---|
| Booking Fee | £150.00 |
| Arrangement Fee | £7,000.00 |
| Telegraphic Transfer Fee | £25.00 |
| Valuation Fee | £465.00 |
| Total Fees | £7,825.00 |
| Early Repayment Charge | 2 years |
Initial Monthly Payment
£265.83
Ongoing Monthly Payment
£728.33
True Cost Over Initial Period
£14,204.92
Total Amount Repayable
£215,224.00
Lender: CHL Mortgages
Mortgage type: Buy to Let
Rate type: Fixed
Initial rate: 3.19%
Initial rate period: 2 years
Initial monthly payment: £265.83
Monthly payment after initial period: £728.33
Standard Variable Rate: 8.74%
Maximum LTV: 65%
Product fee: 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00.
Arrangement fee: £7,000.00
Booking fee: £150.00
Telegraphic transfer fee: £25.00
Valuation fee: £465.00
Total fees: £7,825.00
APR: 8.8%
Early repayment charge: 2 years
True cost over initial period: £14,204.92
True cost over full mortgage term: £215,224.00
For the first 2 years the Buy to Let mortgage rate is 3.19% giving you a monthly payment of £265.83 .
After your fixed rate ends, you will move to the CHL Mortgages standard variable rate which is currently 8.74% . This would give you a monthly repayment of £728.33 .
The maximum Loan to Value (LTV) is 65% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £13,939.92 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00. |
|---|---|
| Booking Fee | £150.00 |
| Arrangement Fee | £7,000.00 |
| Telegraphic Transfer Fee | £25.00 |
| Valuation Fee | £200.00 |
| Total Fees | £7,560.00 |
| Early Repayment Charge | 2 years |
Initial Monthly Payment
£265.83
Ongoing Monthly Payment
£728.33
True Cost Over Initial Period
£13,939.92
Total Amount Repayable
£214,959.00
Lender: CHL Mortgages
Mortgage type: Buy to Let
Rate type: Fixed
Initial rate: 3.19%
Initial rate period: 2 years
Initial monthly payment: £265.83
Monthly payment after initial period: £728.33
Standard Variable Rate: 8.74%
Maximum LTV: 65%
Product fee: 7.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £7,000.00.
Arrangement fee: £7,000.00
Booking fee: £150.00
Telegraphic transfer fee: £25.00
Valuation fee: £200.00
Total fees: £7,560.00
APR: 8.8%
Early repayment charge: 2 years
True cost over initial period: £13,939.92
True cost over full mortgage term: £214,959.00
For the first 2 years the Buy to Let mortgage rate is 3.2% giving you a monthly payment of £266.67 .
After your discount rate ends, you will move to the The Stafford for Intermediaries standard variable rate which is currently 7.15% . This would give you a monthly repayment of £595.83 .
The maximum Loan to Value (LTV) is 70% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £11,940.08 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 5.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £5,000.00. |
|---|---|
| Booking Fee | £100.00 |
| Arrangement Fee | £5,000.00 |
| Telegraphic Transfer Fee | £30.00 |
| Valuation Fee | £285.00 |
| Total Fees | £5,540.00 |
| Early Repayment Charge | 2 years |
Initial Monthly Payment
£266.67
Ongoing Monthly Payment
£595.83
True Cost Over Initial Period
£11,940.08
Total Amount Repayable
£176,389.16
Lender: The Stafford for Intermediaries
Mortgage type: Buy to Let
Rate type: Discount
Initial rate: 3.2%
Initial rate period: 2 years
Initial monthly payment: £266.67
Monthly payment after initial period: £595.83
Standard Variable Rate: 7.15%
Maximum LTV: 70%
Product fee: 5.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £5,000.00.
Arrangement fee: £5,000.00
Booking fee: £100.00
Telegraphic transfer fee: £30.00
Valuation fee: £285.00
Total fees: £5,540.00
APR: 7.2%
Early repayment charge: 2 years
True cost over initial period: £11,940.08
True cost over full mortgage term: £176,389.16
For the first 1 year the Buy to Let mortgage rate is 3.24% giving you a monthly payment of £270.00 .
After your fixed rate ends, you will move to the The Mortgage Works standard variable rate which is currently 8.24% . This would give you a monthly repayment of £686.67 .
The maximum Loan to Value (LTV) is 75% for this Buy to Let mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this Buy to Let mortgage over the initial period is £5,805.00 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
| Product Fee | 2.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £2,000.00. |
|---|---|
| Booking Fee | £0.00 |
| Arrangement Fee | £2,000.00 |
| Telegraphic Transfer Fee | £15.00 |
| Valuation Fee | £280.00 |
| Total Fees | £2,295.00 |
| Early Repayment Charge | 30-Sep-2027 |
Initial Monthly Payment
£270.00
Ongoing Monthly Payment
£686.67
True Cost Over Initial Period
£5,805.00
Total Amount Repayable
£202,879.29
Lender: The Mortgage Works
Mortgage type: Buy to Let
Rate type: Fixed
Initial rate: 3.24%
Initial rate period: 1 year
Initial monthly payment: £270.00
Monthly payment after initial period: £686.67
Standard Variable Rate: 8.24%
Maximum LTV: 75%
Product fee: 2.00% of the mortgage amount. Based on a mortgage of £100,000.00, this is £2,000.00.
Arrangement fee: £2,000.00
Booking fee: £0.00
Telegraphic transfer fee: £15.00
Valuation fee: £280.00
Total fees: £2,295.00
APR: 8.3%
Early repayment charge: 30-Sep-2027
True cost over initial period: £5,805.00
True cost over full mortgage term: £202,879.29
Your home may be repossessed if you do not keep up repayments on your mortgage
The APRC quoted is representative and for example purposes, it is based on a £200,000 property with a £120,000 loan over 25 years equating to 300 monthly payments. Best buys are based on the Go Direct representative whole of market panel of lenders.
Once you compare the Buy to Let mortgage & remortgage rates if would like mortgage advice , complete our mortgage inquiry form and we will contact you to discuss your mortgage requirements. We normally do not charge a fee for mortgage advice, however this is dependent on your circumstances such as complex cases or debt consolidation. Our typical fee would be £399.
The above information does not contain all the details you need to choose a mortgage. Please consult a qualified advisor before undertaking any borrowing/these calculations are for illustration purposes only and may not reflect the true cost of repayment.
If you are considering becoming a landlord and need to borrow money, you will need a buy-to-let mortgage rather than a standard mortgage.
Buy to let mortgages are similar to standard ones, but have key differences that you should understand before committing to this type of investment.
If you want to borrow money to purchase a property to rent out, you'll need a buy-to-let mortgage. However, if you intend to rent out your current home, you'll either need your lender's permission to let the property or you'll need to refinance into a buy to let mortgage.
Most buy-to-let lenders require a deposit of at least 25% of the property's purchase price, giving you a mortgage of up to 75% loan-to-value (LTV). However, some lenders offer buy-to-let mortgages at higher LTVs, with 80% LTV mortgages requiring a 20% deposit and, in some cases, 85% LTV mortgages requiring a 15% deposit.
For example, if you are buying a rental property for £300,000, a 25% deposit would be £75,000, a 20% deposit would be £60,000, and a 15% deposit would be £45,000.
The amount you can borrow compared with the property's value is known as the loan-to-value (LTV). Generally, a larger deposit and lower LTV can give you access to a wider choice of buy-to-let mortgages and potentially more competitive interest rates. The maximum LTV available will depend on the lender, property type and your individual circumstances.
Interest rates on BTL mortgages tend to exceed rates on residential mortgages, reflecting the increased risk to the lender of the mortgage going unpaid.
One key difference between a buy-to-let mortgage and a standard home mortgage is the method lenders use to assess how much you can borrow. For buy-to-let mortgages, this is based on the property's expected rental income rather than the borrower's personal income.
Lenders require the rent to cover at least 125% of the monthly mortgage payment based on a specific interest rate. So if the mortgage is £1,000 per month, the rent must be £1,250 or more. The 125% is for a basic rate tax payer, for a higher rate tax payers this can be 145%/165% depending on the lender
A property surveyor will verify the rental value, but landlords can get estimates from local letting agents or Zoopla beforehand.
The extra rental income covers other landlord costs like vacancies, maintenance, fees, safety checks, and insurance. For variable or tracker rate mortgages, lenders also confirm borrowers can afford any potential rate increases. This is often done by the lender using a higher interest rate for the rental stress test.
When comparing a buy to let mortgage, its important to read the terms and conditions carefully, as they vary. Some prohibit tenancy agreements longer than one year, while others ban renting to tenants receiving benefits or corporate lets.
If you own a property with a mortgage and rent it out, but do not have a buy-to-let mortgage or permission to rent, you could be convicted of mortgage fraud. A buy-to-let mortgage is meant solely for landlords renting out properties and not for owner-occupiers. In other words, buy-to-let mortgages are strictly for investment properties only, not primary residences.
