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Buy to Let Mortgages - Call our broker team 0117 403 4474

What is your mortgage for?

 

RBS Buy to Let Fixed Rate Mortgage

See the tables below for a selection of leading current fixed rate deals for buy to let or use our independent mortgage broker service to compare the market.

Details sort by initial rateLenderInitial rate Rate type Overall cost for comparison Product fee Monthly cost Enquire
Initial rate: 3.49%
Rate type: 1 year fixed
Monthly cost: £1125.2 per month
Product fee: £4,500
Overall cost for comparison: 8.8% APRC
The Mortgage Works logo 3.49% 1 year fixed 8.8% APRC £4,500 £1125.2 per month get quotes Broker Only Deal
Initial rate: 3.59%
Rate type: 2 year fixed
Monthly cost: £1137.29 per month
Product fee: £6,750
Overall cost for comparison: 8.4% APRC
The Mortgage Works logo 3.59% 2 year fixed 8.4% APRC £6,750 £1137.29 per month get quotes Broker Only Deal
Initial rate: 3.87%
Rate type: 2 year fixed
Monthly cost: £1171.54 per month
Product fee: £6,750
Overall cost for comparison: 8.1% APRC
Virgin Money logo 3.87% 2 year fixed 8.1% APRC £6,750 £1171.54 per month get quotes Broker Only Deal
Initial rate: 3.89%
Rate type: 2 year fixed
Monthly cost: £1174.01 per month
Product fee: £11,250
Overall cost for comparison: 8.6% APRC
Metro Bank logo 3.89% 2 year fixed 8.6% APRC £11,250 £1174.01 per month get quotes Broker Only Deal
Initial rate: 3.94%
Rate type: 2 year fixed
Monthly cost: £1180.19 per month
Product fee: £11,250
Overall cost for comparison: 7.8% APRC
The Mortgage Lender logo 3.94% 2 year fixed 7.8% APRC £11,250 £1180.19 per month get quotes Broker Only Deal
Initial rate: 3.95%
Rate type: 2 year fixed
Monthly cost: £1181.43 per month
Product fee: £6,750
Overall cost for comparison: 8.5% APRC
Birmingham Midshires 3.95% 2 year fixed 8.5% APRC £6,750 £1181.43 per month get quotes Broker Only Deal
Initial rate: 3.99%
Rate type: 5 year fixed
Monthly cost: £1186.39 per month
Product fee: £6,750
Overall cost for comparison: 7.3% APRC
The Mortgage Works logo 3.99% 5 year fixed 7.3% APRC £6,750 £1186.39 per month get quotes Broker Only Deal
Initial rate: 3.99%
Rate type: 2 year fixed
Monthly cost: £1186.39 per month
Product fee: £11,250
Overall cost for comparison: 7.4% APRC
Kensington Mortgages logo 3.99% 2 year fixed 7.4% APRC £11,250 £1186.39 per month get quotes Broker Only Deal
Initial rate: 3.99%
Rate type: 2 year fixed
Monthly cost: £1186.39 per month
Product fee: £11,250
Overall cost for comparison: 8% APRC
Kent Reliance logo 3.99% 2 year fixed 8% APRC £11,250 £1186.39 per month get quotes Broker Only Deal
Initial rate: 3.99%
Rate type: 2 year fixed
Monthly cost: £1186.39 per month
Product fee: £11,250
Overall cost for comparison: 8% APRC
Precise Mortgages logo 3.99% 2 year fixed 8% APRC £11,250 £1186.39 per month get quotes Broker Only Deal
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Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

 

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

 

In this example the overall cost for comparison is 3.7% APRC representative.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

RBS Buy To Let Fixed Rate Mortgage

If you are looking to renew your RBS mortgage or are looking at RBS buy to let fixed rate mortgage products, speak to us first to make sure you are getting the best deal possible.

Special features of what we offer include:

  • Whole of market service - we work with over 60 UK lenders including RBS

  • Leading rates - Access to leading market mortgage rates

  • Exclusive deals - Access to exclusive loan deals not available on the high street

  • Fast turnaround - speak to us today if you need to move quickly

  • We have lenders who will take into account previous defaults and missed payments 

  • Looking to raise additional finance on top of your existing mortgage or buy to let mortgage? - we have access to a range of finance solutions

To investigate your mortgage options, contact our mortgage team on 0117 403 4474 or fill in our call back request form.

To contact RBS click on the link below:

If you are looking for a buy to let mortgage, you may want to consider the RBS buy to let fixed rate mortgage. This enables you to repay a set amount of interest on your mortgage each month.

This fixed rate protects you from unforeseeable interest rate increases that may occur over the fixed term period. It also enables you to juggle your finances around your mortgage and plan to use your finance for certain projects without having to worry about potential increases to the interest rate.

The RBS buy to let fixed rate mortgage may be attractive to landlords, especially after the 2017 tax changes. The tax rules that govern buy to let mortgages state that landlords are no longer allowed to deduct all their expenses from their property when calculating their profits at the end of the financial year.

The RBS buy to let fixed rate mortgage offers landlords some certainty for their outgoings, which could help them prepare for the effect of the new tax rules.

A buy to let fixed rate mortgage may be useful for those on a tight budget, as it may provide more control over their finances.

The RBS buy to let fixed rate mortgage has a competitive starting rate. Their initial term lasts for 2 years and afterwards the interest on the buy to let mortgage reverts to their standard variable rate.

Is a Buy to Let Fixed Rate Mortgage Right for Me?

Buy to let fixed rate mortgages offer some advantages, but they are not appropriate for everyone.

It is important to bear in mind that in the event that the interest rates are particularly low, a fixed rate mortgage may force you to pay more than you have to.

In addition, depending on the provider, there may be some fees and charges you have to pay before you can access the mortgage. This may increase the cost of securing the finance required.

Finally, buy to let fixed rate mortgages tend to be longer and premiums are sometimes higher than usual.

How to Get a Buy to Let Fixed Rate Mortgage

There are plenty of buy to let mortgages available, which makes choosing a buy to let mortgage a potentially difficult decision. You may benefit from contacting a mortgage broker to explore the best mortgages available.

To investigate your buy to let mortgage fixed rate mortgage options, call our specialist team on 0117 403 4474 or fill in our call back form. 

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