Variable Rate Buy to Let Mortgages

Quickly view and compare all the variable rate buy to let mortgage deals on offer. See how each mortgage deal compares with other lenders and change the search filters to update the mortgage results to suit your preferences. Speak to a buy to let mortgage broker for personal advice.

change

This content comes from a hidden element on this page.

The inline option preserves bound JavaScript events and changes, and it puts the content back where it came from when it is closed.

Click me, it will be preserved!

If you try to open a new Colorbox while it is already open, it will update itself with the new content.

Updating Content Example:
Click here to load new content

Mortgage Expert



Mortgage calculator - How much do you want to borrow?

Searching: Standard

change

Speak to an advisor on 0161 731 0094 or Request a call back Today

BTL Flexx For Term £1999 Fee

Initial Rate
1.99%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£132.68

APR
2.2%

compare

BTL Flexx For Term £999 Fee

Initial Rate
2.29%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£150.77

APR
2.4%

compare

BTL Lifetime Discount £1250 Fee

Initial Rate
2.89%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£190.86

APR
2.9%

compare

BTL Offset Lifetime Discount £2250 Fee Tailored Approach

Initial Rate
2.89%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£193.27

APR
2.9%

compare

BTL Lifetime Discount £2250 Fee Tailored Approach

Initial Rate
2.89%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£193.27

APR
2.9%

compare

BTL Offset Lifetime Discount £1250 Fee

Initial Rate
2.89%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£190.86

APR
2.9%

compare

Positive Lending BTL Term Variable 3% Fee

Initial Rate
3.68%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£246.47

APR
4.1%

compare

Brightstar BTL Term Variable 3% Fee

Initial Rate
3.68%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£246.47

APR
4.1%

compare

BTL Term Variable 3% Fee

Initial Rate
3.68%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£246.47

APR
4.1%

compare

ATOM BTL Term Variable 1% Fee Ex Pat

Initial Rate
4.2%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£278.25

APR
4.4%

compare

BTL Term Variable 1% Fee Ex Pat

Initial Rate
4.2%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£278.25

APR
4.4%

compare

Positive Lending BTL Term Variable £1999 Fee

Initial Rate
4.23%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£282.10

APR
4.6%

compare

Brightstar BTL Term Variable £1999 Fee

Initial Rate
4.23%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£282.10

APR
4.6%

compare

BTL Term Variable £1999 Fee

Initial Rate
4.23%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£282.10

APR
4.6%

compare

Intermediary BTL Term Variable £995 Fee

Initial Rate
4.49%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£295.65

APR
4.7%

compare

BTL Term Variable No Fee Single Family Unit

Initial Rate
4.5%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£292.50

APR
6.4%

compare

BTL Term Variable £350 Fee

Initial Rate
4.9%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£318.60

APR
5.1%

compare

Direct BTL Term Variable No Fee Purchase

Initial Rate
4.94%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£304.87

APR
5.1%

compare

Direct BTL Term Variable No Fee Further Advance

Initial Rate
4.94%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£304.87

APR
5.1%

compare

BTL Lifetime SVR 1.0% Fee HMO only (With Capital Raising)

Initial Rate
5.04%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£315.34

APR
5.3%

compare

Clever Lending BTL Lifetime SVR 1.0% Fee HMO only (With Capital Raising)

Initial Rate
5.04%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£315.34

APR
5.3%

compare

BTL Basic Term Variable £745 Fee

Initial Rate
5.64%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£366.60

APR
6%

compare

Clever Lending BTL Lifetime SVR 1.0% Fee Holiday Lets (With Capital Raising)

Initial Rate
5.74%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£377.88

APR
6.1%

compare

BTL Term Variable No Fee

Initial Rate
5.74%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£373.27

APR
6.2%

compare

BTL Lifetime SVR 1.0% Fee Holiday Lets (With Capital Raising)

Initial Rate
5.74%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£377.88

APR
6.1%

compare

Direct BTL Term Variable 1% Fee

Initial Rate
5.85%

Mortgage Type
Variable

Duration
Term

Monthly Payment
£367.64

APR
6.2%

compare



close

Get professional mortgage advice from our approved mortgage experts

Mortgages | Fixed Rate | Variable Rate | First Time Buyer | Buy to Let | Interest Only | Remortgages | Tracker | Mortgage Lenders

Recent mortgage Q&A

What to expect from buy to let variable rate mortgages

Buy to Let Mortgages

If you are thinking about buying a property in order to let it out seeing as it is still incredibly difficult for first time buyers to get onto the housing ladder and so there is a very strong rental market out there, then you will have to negotiate your way through the various types of buy to let mortgages available in order to find the right one for you.

Things you need to know about a buy to let variable rate mortgage

In general you will end up paying around 1% or 2% more for a buy to let variable rate mortgage than you will for a standard residential mortgage. You will find that you will only get the best rates when you have a deposit of at least 35% of the property value, although some lenders require 40% in order to offer you the best buy to let mortgages available. If you have this size of deposit you may also find that some of the restrictions of other mortgages are removed, such as early repayment fees. The application fees can also be a little lower than for mortgages that only require smaller deposits.

The application fee

Application fees

The absolute lowest application fee you will pay will be around £1000, however the vast majority of mortgage deals with lower interest rates will have around a £2000 application fee associated with them. Other mortgage products from lenders who may potentially take on a higher level of risk offer not only higher interest rates, but also they use a percentage of the loan amount as the application fee, so the large the loan you require, the more you will pay to take out the mortgage.

Other limitations that may be applied

Depending on your mortgage lender, you may find that you have certain conditions placed on the rental of your property. Firstly, getting your mortgage will depend on you being able to demonstrate that you will be able to charge at least 125% of the mortgage payments you will be making. However it would be unwise to set rent at the minimum level as this means you would have to immediately pass on any interest rises to your tenants. You may also be restricted to particular types and length of tenancy agreement and also who you let your property out to, for example you may not be able to let to a group of unconnected individuals.

Related buy to let mortgage product pages

85% buy to let mortgages | 80% mortgages | 75% buy to let mortgages | 70% buy to let mortgages | 65% buy to let mortgages | 60% buy to let mortgages | Buy to let Mortgage Broker | Buy to Let Mortgage Calculator

Related fixed rate mortgage deals

2 year fixed rate buy to let mortgages | 3 year fixed rate buy to let mortgages | 5 year fixed rate buy to let mortgages | Compare all fixed rate buy to let mortgages

Related mortgage articles

We are independently reviewed by our verified customers and web users:
Rating: 4.4 / 5 with 7 votes

Lending Expert - We Are Regulated Market Experts