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Compare Interest Only Buy to Let Mortgage Rates. 

This makes our LTV . Invalid LTV.

Call Post Office 0808 178 6813
Post Office logo
Fixed Jan-2022 From Post Office
Initial rate 1.40% Jan-2022
Maximum LTV 60%
Overall cost of comparison 4.7% APRC
See deal
£500 Cashback
Top UK BTL 2 Year Fixed Deal
Call Virgin Money 0330 057 1528
Virgin Money logo
Fixed Mar-2022 From Virgin Money
Initial rate 1.45% Mar-2022
Maximum LTV 60%
Overall cost of comparison 4.9% APRC
See deal
Call Post Office 0808 178 6813
Post Office logo
Fixed Jan-2022 From Post Office
Initial rate 1.47% Jan-2022
Maximum LTV 60%
Overall cost of comparison 4.6% APRC
See deal
Call Royal Bank Of Scotland 0800 096 7447
Royal Bank Of Scotland logo
Fixed Jan-2022 From Royal Bank Of Scotland
Initial rate 1.53% Jan-2022
Maximum LTV 60%
Overall cost of comparison 3.9% APRC
See deal
Call NatWest 0800 158 2934
NatWest logo
Fixed Jan-2022 From NatWest
Initial rate 1.53% Jan-2022
Maximum LTV 60%
Overall cost of comparison 4.3% APRC
See deal

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

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Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

This comparison simply includes all mortgage services

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Get A Great Buy To Let Mortgage Deal!

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Mortgages Direct provides an independent mortgage quotes and advice service. When you submit this form you will be contacted by a regulated mortgage adviser to discuss your options.

Latest interest only buy to let mortgage offers:

Virgin Money Buy To Let Mortgage

2 Year Fixed - Interest Only Deal - FREE Legal Fees

  • Initial Rate - 1.73% APR
  • 75% Loan To Value (LTV)
  • Free standard valuation

Overall cost for comparison 4% APRC

Call Virgin Money FREE on 0800 096 7447


How To Get An Interest Only Buy To Let Mortgage

The good news is that in recent years a number of lenders have relaxed their criteria for this type of lending. Things to be mindful of include:

  • Lenders are keen understandably to ensure at the end of the mortgage term the loan will be repaid. Criteria for lenders will vary but all will want to understand how you intend to pay off the mortgage at the end of the term.
  • A repayment vehicle strategy will be required. Some lenders will accept sale of property as a way of paying off the debt. Some will want to see a saving plan such as regular investment into ISAs or investment vehicle. Where sale of property is not acceptable to lenders, they will often want to see statements of your investments as evidence that a repayment vehicle is in place.
  • Most lenders will only offer an interest only mortgage if the loan to value (LTV) is lower than a set percentage of the value of the property you are mortgaging.This is typically 75% LTV or less. There are a few lenders that will go up to 85% LTV but you will need to speak to our independent mortgage team or 0117 403 3464 to access these rates. Some lenders will require a part interest and part capital repayment strategy for any borrowing over a set limit e.g. 60%. So if you have a 25% equity in your property, a lender may require that 15% of borrowing is on a part and part basis with 60% fully on an interest only basis.

Post Office Mortgage Offers

FREE Valuation Offer - Post Office offer a great range of interest only mortgage offers - Click here


Why do people Choose an interest only mortgage?

The main reason is to keep monthly costs to a minimum. 

1. Has your initial mortgage deal come to an end?

By switching to a better deal with a different mortgage provider, an interest only mortgage could potentially allow you to benefit from lower interest rates and lower monthly mortgage repayments.

2. Are you looking to raise money?

By remortgaging you may be able to releasing equity in your investment properties.

People often remortgage to provide money for:

  • Rental property improvements
  • Deposit for a new property
  • Develop existing properties to increase rental yield


Independent Advice

If you are not sure what deal is right for you speak to our independent mortgage broker team who will be able to offer impartial advice or you can call us on 0117 403 3464

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

Latest news

Cost of fixed rate mortgages have started to increase as Bank of England rate rise looms

A number of high street banks have started to increase their mortgage rates. The reason for this is that banks are having to pay more to access the funds they lend out to UK homeowners.

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