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.
Average fixed rate for buy-to-let mortgage prices in the United Kingdom (UK) as of 1st quarter 2018 and 4th quarter 2019, by term
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Mortgages for Business. (February 18, 2020). Average fixed rate for buy-to-let mortgage prices in the United Kingdom (UK) as of 1st quarter 2018 and 4th quarter 2019, by term [Graph]. In Statista. Retrieved August 09, 2022, from https://www.statista.com/statistics/1121114/average-fixed-rate-buy-to-let-mortgage-prices-united-kingdom-by-term/
Mortgages for Business. "Average fixed rate for buy-to-let mortgage prices in the United Kingdom (UK) as of 1st quarter 2018 and 4th quarter 2019, by term." Chart. February 18, 2020. Statista. Accessed August 09, 2022. https://www.statista.com/statistics/1121114/average-fixed-rate-buy-to-let-mortgage-prices-united-kingdom-by-term/
Mortgages for Business. (2020). Average fixed rate for buy-to-let mortgage prices in the United Kingdom (UK) as of 1st quarter 2018 and 4th quarter 2019, by term. Statista. Statista Inc.. Accessed: August 09, 2022. https://www.statista.com/statistics/1121114/average-fixed-rate-buy-to-let-mortgage-prices-united-kingdom-by-term/
Mortgages for Business. "Average Fixed Rate for Buy-to-let Mortgage Prices in The United Kingdom (Uk) as of 1st Quarter 2018 and 4th Quarter 2019, by Term." Statista, Statista Inc., 18 Feb 2020, https://www.statista.com/statistics/1121114/average-fixed-rate-buy-to-let-mortgage-prices-united-kingdom-by-term/
Mortgages for Business, Average fixed rate for buy-to-let mortgage prices in the United Kingdom (UK) as of 1st quarter 2018 and 4th quarter 2019, by term Statista, https://www.statista.com/statistics/1121114/average-fixed-rate-buy-to-let-mortgage-prices-united-kingdom-by-term/ (last visited August 09, 2022)