Compare buy to let remortgages

Switch to a better remortgage deal for your buy to let property that offers a lower interest rate and low fees.

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574 results found, sorted by affiliated products by lowest initial rate. How we order our comparisons. Commission earned affects the table's sort order.
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Initial rate type


Halifax 2 year fixed remortgage
Maximum LTV
60%
Initial rate
1.44% fixed until 30 Nov 2023
Subsequent rate (SVR)
4.44% base rate tracker
Overall cost for comparison
4.3% APRC
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,495 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, before 30 Nov 2022

- then 1.00% of amount paid, until 30 Nov 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Virgin Money 2 year fixed cashback remortgage
Maximum LTV
65%
Initial rate
1.48% fixed until 01 Dec 2023
Subsequent rate (SVR)
4.54% variable
Overall cost for comparison
4.3% APRC
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,995 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 1.50% of the outstanding balance, before 01 Dec 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Virgin Money 2 year fixed remortgage
Maximum LTV
65%
Initial rate
1.48% fixed until 01 Dec 2023
Subsequent rate (SVR)
4.54% variable
Overall cost for comparison
4.3% APRC
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,995 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 1.50% of the outstanding balance, before 01 Dec 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Virgin Money 2 year fixed cashback remortgage
Maximum LTV
65%
Initial rate
1.58% fixed until 01 Dec 2023
Subsequent rate (SVR)
4.54% variable
Overall cost for comparison
4.3% APRC
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,995 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 1.50% of the outstanding balance, before 01 Dec 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Virgin Money 2 year fixed remortgage
Maximum LTV
65%
Initial rate
1.58% fixed until 01 Dec 2023
Subsequent rate (SVR)
4.54% variable
Overall cost for comparison
4.3% APRC
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,995 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 1.50% of the outstanding balance, before 01 Dec 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Virgin Money 2 year fixed cashback remortgage
Maximum LTV
65%
Initial rate
1.59% fixed until 01 Dec 2023
Subsequent rate (SVR)
4.54% variable
Overall cost for comparison
4.3% APRC
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£995 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 1.50% of the outstanding balance, before 01 Dec 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Virgin Money 2 year fixed remortgage
Maximum LTV
65%
Initial rate
1.59% fixed until 01 Dec 2023
Subsequent rate (SVR)
4.54% variable
Overall cost for comparison
4.3% APRC
Available via telephone only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£995 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 1.50% of the outstanding balance, before 01 Dec 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Barclays 2 year fixed cashback remortgage
Maximum LTV
60%
Initial rate
1.6% fixed until 31 Aug 2023
Subsequent rate (SVR)
4.59% base rate tracker
Overall cost for comparison
4.2% APRC
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,795 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, before 31 Aug 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Barclays 2 year fixed remortgage
Maximum LTV
60%
Initial rate
1.6% fixed until 31 Aug 2023
Subsequent rate (SVR)
4.59% base rate tracker
Overall cost for comparison
4.2% APRC
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,795 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, before 31 Aug 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted
Barclays 5 year fixed cashback remortgage
Maximum LTV
60%
Initial rate
1.65% fixed until 31 Aug 2026
Subsequent rate (SVR)
4.59% base rate tracker
Overall cost for comparison
3.6% APRC
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product fee£1,795 with an option to add to the loan
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 3.00% of amount paid, before 31 Aug 2026

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Minimum Income£25,000
Permanent UK Resident
Remortgage Available
Remortgage Only
Self Employed Accepted

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Updated 19 July 2021
Based on borrowing£170,000 over 25 yearsThe overall cost of comparison4.42% APRC representative
Initial rate2.31% fixed for 2 years (24 instalments of £742.58pm)Subsequent rate (SVR)4.70% variable for the remaining 25 years (300 instalments of £948.08pm)
Lender fee£1,061Total amount payable£280,552.45

What is a buy to let remortgage offer?

A buy to let remortgage is a mortgage deal to let out your property that you can switch to when your existing mortgage deal ends. Whenever you switch to a new mortgage, it's called 'remortgaging'.

You might hear a buy to let remortgage being called a 'BTL remortgage'.

You might want to remortgage buy to let property if remortgage rates are lower than the rate you have at the moment. In that case, switching would make your monthly repayments lower, until your deal ends.

How to find the best buy to let remortgage rates

This buy to let (BTL) remortgage comparison shows the deals you could switch to if you already have a buy to let mortgage and you want to find the best buy to let remortgage deals.

By looking at our buy to let remortgage comparison table, you can find the best buy to let remortgage deals for you. Look first at the initial rates included in the table above. Then choose the lowest rates available for the term you want.

But watch out, too, for the varying fees charged with different buy to let remortgage deals. You can use our comparison to check if a mortgage deal has any fees and charges.

The buy to let remortgage comparison table shows you:

  • which lender each buy to let remortgage deal is with

  • the maximum LTV

  • the initial rate

  • the subsequent rate

  • the overall cost.

You can then click 'see deal' for further information on each product.

When it's time to remortgage a buy to let property that you own, you might decide you'd like some help deciding which is the best buy to let remortgage for you. You could use a buy to let remortgage calculator to see what remortgage options are available, or  speak to a buy to let mortgage broker who can offer financial advice on this.

What buy to let remortgage deals could you get?

When it's time to remortgage buy to let property, the mortgages come with the same rate options as any other type of mortgage.

Of course, you'll be looking to find the best buy to let remortgage rates out there. You'll need to decide before you remortgage a buy to let what kind of deal you're looking for.

Here are the options you'll usually have to choose between:

  • Fixed rate: With a fixed rate remortgage, your mortgage rate won't change during the term. This means you'll pay the same each month until your deal ends.

  • Variable rate: With this kind of remortgage, your rate follows the standard variable rate (SVR). The SVR is set by the lender based on the Bank of England base rate and the cost of offering a mortgage.

  • Tracker: This type of rate stays above the Bank of England base rate. This means it could go up or down at any time during your mortgage deal depending on when the base rate changes.

  • Discounted rates: This is a fixed discount on the lender's SVR. If the SVR changes, so will the rate you pay.

  • Stepped rates: The rate you get increases over the term of the deal. For example, a three-year stepped deal starting on .5% could increase to 2% in the second year and 2.5% in the third year.

  • Interest only: If you're doing a buy to let remortgage, interest only deals can be more affordable. An interest only remortgage means you're only paying back the interest you owe. You're not chipping away at the balance.

Here's some more information on the different types of mortgage rates you could look for.

Once you've decided which type you want, you'll be able to look for the cheapest buy to let remortgage rates for that type.

What kind of rates can I expect on buy to let remortgage deals?

Even the best buy to let remortgage rates are usually higher than they are with normal residential mortgages.

Lenders see you as a bigger risk because if something happened which meant you didn't have paying tenants, you might not be able to make your repayments.

To get the best deals when you remortgage a buy to let property, you'll also usually need to own more of the property, because LTV rates aren't as good. You tend to need at least 25% of the property's value as a deposit, which means you will be looking at a maximum LTV of 75%.

The bigger deposit you have to put in, the better the buy to let remortgage rates you'll be offered. You'll also have a better chance of being offered the cheapest buy to let remortgage rates if you've got a good credit history and don't have a lot of debt.

How to remortgage a buy to let property

When your current mortgage is coming to an end, it's time to find the best BTL remortgage rates for your property. There are a few ways to go about this.

Start by checking what deals are available using a buy to let remortgage calculator. Then you'll need to find the best BTL remortgage deals and arrange one. There's a lot of choice if you wish to remortgage a buy to let property.

First, you'll need to decide which type of BTL remortgage you would like, in terms of the rates. Then you can carry out a buy to let mortgage comparison to see which deals are available to you.

The BTL remortgage rates you are offered will depend on your situation, considering factors such as how much you're borrowing, the value of the property and so on. Remember that you can use a buy to let remortgage calculator to get an idea of what different rates might mean for you and what you could afford.

It's important to check the maximum loan-to-value (LTV) rate on the buy to let remortgage deals you're looking at. That shows the difference between the property's value and how much deposit you've got. For example, if the remortgage deal has a maximum LTV of 70%, you'll need to put in 30% of the property's value yourself. This would usually come from the equity you have in the property.

The best buy to let remortgage deals will offer low rates, low fees or no fees, and low or no early repayment charges. You'll probably want to remortgage in a few years, so you need to make sure that you won't be charged a high fee if you change to another product or provider.

If you want to remortgage a buy to let mortgage, the number of deals available can sometimes seem confusing. To help, you can compare BTL remortgage rates using our comparison table at the top of this page, or speak to a buy to let mortgage broker. A broker can also help with other situations, such as remortgaging a house with tenants.

Can I remortgage to a buy to let mortgage?

You may have a residential mortgage and want to change it into a buy to let mortgage. Perhaps you're moving away, or moving in with your partner, and you're going to keep your property to rent out.

In this case you'd need to remortgage to a buy to let mortgage deal. Many residential mortgages have a clause that stops you from renting the property out, unless you are renting to family and can switch to a consumer buy to let mortgage.

Find out more about buy to let mortgages here.

If you don't have a mortgage yet...

You can find out how buy to let mortgages work here.

Buy to let remortgages FAQ

No, but if you have reached the end of your existing term, you could save money on your monthly repayments by switching deals or lenders to find the best BTL remortgage deals.

Lenders will typically only let you carry out a BTL remortgage if you have at least 20% equity in the property.

Yes, but depending on the lender you choose you may need to apply in a branch.

There are several charges you could face when you remortgage a buy to let property, from both your existing and new lender. Check with them before you apply so you are prepared.

About our mortgage comparison

We include mortgages from every lender in the UK. They are all from lenders regulated by the Financial Conduct Authority. Here is more information about how our website works.

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.
You do not pay any extra and the deal you get is not affected.

Last updated: 2 July 2021