This week’s best buy rates for buy-to-let and commercial property investment mortgages available from Mortgages for Business’ current mortgage product portfolio. For further details contact Mortgages for Business on 0845 345 6788 or visit www.mortgagesforbusiness.co.uk
Buy to Let Best Buys
Lender
Max LTV
Rate
Mortgage Type
Fee
Early Repayment Charges
Notes
Mortgages for Business / PHL
75%
5.45%
(5.80% APR)
Tracker for the life of the loan (Base + 0.70%)
£395
4% in first year, 3% in year two, 2% in year three
£25,001 minimum loan size
Mortgages for Business / PHL
85%
5.89% (6.30% APR)
Tracker for the life of the loan (Base + 1.14%)
£395
4% in first year, 3% in year two, 2% in year three
£25,001 minimum loan size
Mortgages for Business / Bristol & West
85%
5.59%
(6.70% APR)
3 Year Fixed Rate, reverting to Base + 1.75%
£695
5% of the redeeming balance in first three years
Self certification available up to 75% LTV
Mortgages for Business / Mortgage Express
85%
3.99%
(6.50% APR)
1 Year Fixed Rate, reverting to Base + 1.75%
£449
3% of the redeeming balance in first three years
HMOs acceptable
Commercial Property Investment Best Buys
Lender
Max LTV
Rate
Mortgage Type
Fee
Early Repayment Charges
Notes
Mortgages for Business / SBLS
85%
Variable
Lifetime tracker – Bank Base Rate + 2.5% to 4%
1%
2% in first year, 1% in year two and three, £500 thereafter
High LTV available of a standardised product
