Buy-to-let mortgage term preferences distribution in the UK Q4 2019
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.
