Buy-to-let rates are up and down

The cost of a 60% and 70% 2-year tracker buy-to-let mortgage is 2% higher than three months ago, while a 60% LTV 2- year fixed at a current rate of 1.84% now costs 1% more than in August.

Buy-to-let rates are up and down

Mortgage Brain reported “mixed movement” in the cost of buy-to-let products in the past three months.

The cost of a 60% and 70% 2-year tracker buy-to-let mortgage is 2% higher than three months ago, while a 60% LTV 2- year fixed at a current rate of 1.84% now costs 1% more than in August.

Meanwhile 2 and 5-year fixed rates at 80% and 60% LTV respectively have both been stable in the past three months.