Every Friday we get an overview of the mortgage market with the help of industry experts. This week finance expert Rachel Springall from Moneyfactscompare.co.uk outlines what's been happening in the buy-to-let market...This week, Santander reduced one of its two-year fixed buy-to-let mortgages by 0.14% and NatWest Intermediary Solutions made selected reductions on fixed and 'green' fixed mortgages by up to 0.20%.
A five-year fixed buy-to-let mortgage may be more appealing for you to guarantee your monthly repayments for longer. If you are looking to borrow at 75% loan-to-value, HSBC has a deal for remortgage customers priced at 4.33%.If you are looking to borrow more, then Virgin Money has the lowest five-year fixed buy-to-let deal at 80% loan-to-value priced at 5.29% for second-time buyers and remortgage customers.