Business mortgages, or buy-to-let (BTL) mortgages, are a loan sold to property investors, rather than to people who want to purchase a home to live in. As of the fourth quarter of 2019, the majority of landlords who took a BTL mortgage loan chose a fixed rate, with more than two in three mortgagers opting for a five year fixed rate term.
Distribution of landlords in the United Kingdom (UK) as of 4th quarter 2019, by mortgage term preferences
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Mortgages for Business. (February 18, 2020). Distribution of landlords in the United Kingdom (UK) as of 4th quarter 2019, by mortgage term preferences [Graph]. In Statista. Retrieved July 03, 2022, from https://www.statista.com/statistics/1121084/distribution-of-buy-to-let-mortgages-by-term-preferences/
Mortgages for Business. "Distribution of landlords in the United Kingdom (UK) as of 4th quarter 2019, by mortgage term preferences ." Chart. February 18, 2020. Statista. Accessed July 03, 2022. https://www.statista.com/statistics/1121084/distribution-of-buy-to-let-mortgages-by-term-preferences/
Mortgages for Business. (2020). Distribution of landlords in the United Kingdom (UK) as of 4th quarter 2019, by mortgage term preferences . Statista. Statista Inc.. Accessed: July 03, 2022. https://www.statista.com/statistics/1121084/distribution-of-buy-to-let-mortgages-by-term-preferences/
Mortgages for Business. "Distribution of Landlords in The United Kingdom (Uk) as of 4th Quarter 2019, by Mortgage Term Preferences ." Statista, Statista Inc., 18 Feb 2020, https://www.statista.com/statistics/1121084/distribution-of-buy-to-let-mortgages-by-term-preferences/
Mortgages for Business, Distribution of landlords in the United Kingdom (UK) as of 4th quarter 2019, by mortgage term preferences Statista, https://www.statista.com/statistics/1121084/distribution-of-buy-to-let-mortgages-by-term-preferences/ (last visited July 03, 2022)