May 14, 2010 | Author

Author Julie Hanson

Thanks to Zoe Cairns our resident Mortgage Advisor for producing these Top 10 Buy to Let Rates.

Interest Rate	Max LTV	Product Detail	Completion Fee	Early Repayment Charges
2.99% Tracker	60%	Variable tracker rate of BBR + 2.49% until 31/07/2011 then reverting to the lender’s standard variable rate which is currently 4.99% for the remainder of the term. This product is available up to 60% LTV and the rental calculation is 125% at a notional rate of 4.99%. An application fee will apply.	3.5% (min £595)	3% of amount being repaid until 31/07/2011
3.85% Tracker	60%	Variable tracker rate of BBR + 3.35% until 30/06/2012 then reverting to the lender’s standard variable rate which is currently 4.74% for the remainder of the term. There is a free valuation up to £680 for purchases and remortgages and free legals or £200 for remortgages only. This product is available up to 60% LTV and the rental calculation is 125% a payrate. There is a booking fee of £250 and an application fee will apply.	£800	4% of amount being repaid until 30/06/2012
3.89% Tracker	60%	Variable tracker rate of BBR + 3.39% until 31/05/2012 then reverting to the lender’s standard variable rate which is currently 4.99% for the remainder of the term. This product is available up to 60% LTV and the rental calculation is 125% at payrate. An application fee will apply.	2.5%	4% of original balance being repaid until 31/05/2012
3.99% Tracker	70%	Variable tracker rate of BBR + 3.49% until 31/07/2012 then reverting to the lender’s standard variable rate which is currently 4.99% for the remainder of the term. This product is available up to 70% LTV and the rental calculation is 125% at a notional rate of 4.99%. An application fee will apply.	3.5% (min £595)	3% of amount being repaid until 31/07/2012
4.34% Tracker	70%	Limited company product. Variable tracker rate of BBR + 3.84% until 31/07/2011 then reverting to a variable rate of BBR + 3.49% to give a current rate of 3.99% for the remainder of the term. This product is available up to 70% LTV and the rental calculation is 125% at a notional rate of 4.99%. An application fee will apply.	3.5% (min £595)	3% of amount being repaid until 31/07/2011
4.35% Tracker	75%	Variable tracker rate of BBR + 3.85% for 1 year then reverting to a variable rate of BBR + 4.19% to give a current rate of 4.69% for the remainder of the term. This product is available up to 75% LTV and the rental calculation is 125% at payrate. An application fee will apply.	3%	3% of amount being repaid for 1 year
4.59% Tracker	75%	Variable tracker rate of BBR + 4.09% for 2 years then reverting to the lender’s standard variable rate which is currently 5.39% for the remainder of the term. There is a refund of the lender’s valuation for remortgages (max £500). This product is available up to 75% LTV and the rental calculation is 125% at payrate. An application fee will apply.	2.5%	2% of amount being repaid for 2 years
4.69% Fixed	80%	Fixed rate at 4.69% until 31/07/2011 then reverting to the lender’s standard variable rate which is currently 4.99% for the remainder of the term. This product is available up to 80% LTV and the rental calculation is 125% at a notional rate of 4.99%. An application fee will apply.	2.5% (min £595)	5% of amount being repaid until 31/07/2011
5.29% Fixed	75%	Fixed rate at 5.29% until 01/07/2013 then reverting to the lender’s standard variable rate which is currently 6.54% for the remainder of the term. There is a free valuation for purchases and remortgages and free legals for remortgages only. This product is available up to 75% LTV and the rental calculation is 125% at BBR + 4.50%. There is a booking fee of £395 and an application fee will apply.	£1100	6 months interest at the fixed rate until 01/07/13
5.69% Fixed	60%	Fixed rate at 5.69% until 31/07/2012 then reverting to a variable rate of 4.00% over BBR (collared at 1.00%) to give at current rate of 5.00% for the remainder of the term. There are free legals for remortgages. This product is available up to 60% LTV and the rental calculation is 125% at a notional rate of 5.00%. There is a £140 booking fee and an application fee will apply.	£1495	5% of amount being repaid until 31/07/2012