60% Buy to Let Mortgages

60% Buy to Let Mortgages

60% Buy to Let Mortgages – 60% buy to let mortgages are mortgages for buy to let property at 60% loan to value ratio. With 60% buy to let mortgages, a deposit worth 40% of the buy to let property is required. For example, a 60% mortgage on a purchase or remortgage of a home for £100,000 would mean you pay a 40% deposit of £40,000 and obtain a 60% mortgage for £60,000. 60% buy to let mortgages enable individuals to purchase a buy to let property for letting purposes or to convert a residential property to a buy to let.

Borrowers who obtain 60% buy to let mortgages will have relatively larger equity in their home as opposed to higher loan to value buy to let mortgages. By owning a significant equity of the buy to let property, borrowers may have access to a range of competitive rates. 

With a range of lenders offering 60% buy to let mortgages, navigating through these deals can often be time consuming and complex. Our team at Capital Fortune can assist you. We have listed a selection of 60% buy to let mortgages below.  However the lowest headline rate can be misleading as it may necessarily be the overall cost effective deal for you. This is mainly because the headline rate shown may not include hidden costs and charges.

Our advisers at Capital Fortune will be on hand to assist you find the most suitable and affordable 60% buy to let mortgages deals. We view all packages holistically and will only recommend a product that meets your needs and requirements. Our dedicated team will offer constant guidance and advice throughout your application and beyond. 

Call our mortgage broker team now on 020 3 216 2037 or complete the Mortgage Enquiry Online . As part of our service, we will call you back.  

The Financial Conduct Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management. 

How to get in touch

Feefo logo

Buy to Let Mortgages - Purchase - 60% LTV


LenderInitial
Rate
Mortgage
Type
For/Until Subsequent
Rate
The overall
cost for
comparison is
Early Repayment
Charge
Arrangement
Fee
Loan
to
Value
Details
Virgin Money Intermediary Exclusive BTL 2 Year Fixed £1995 Fee Purchase BNR1.37%FixedJul-20204.99%4.7%APRC01-Jul-2020 £199560%
Product Code: 002EU4
Product Name: Intermediary Exclusive BTL 2 Year Fixed £1995 Fee Purchase
Product Availability: Exclusive Intermediaries Only
Lender Code: BNR
Lender Name: Virgin Money
Initial Pay Rate: 1.37
Mortgage Class: Fixed
Initial Rate Period: Jul-2020
Initial Rate Period Months: 26
Standard Variable Rate: 4.99
Apr Lenders: 4.7
Early Repayment Charge Applies Until: 01-Jul-2020
Early Repayment Charge Period Sort Field: 1446
Initial Monthly Payment: 139.28
Monthly Payment After Initial Period: 507.30
Fees Total: 2263.00
True Cost: 0.00
True Cost Over Initial Period: 3289.28
Cashback: 600.00
Valuation Fee: 188.00
Arrangement Fee: 1995.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 30
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 50.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 150.00
Lender Product Reference: 9S5X
Detail
TSB Intermediary BTL 2 Year Fixed £1995 Fee Purchase TSB1.39%FixedMay-20204.84%4.5%APRC31-May-2020 £199560%
Product Code: 001WJY
Product Name: Intermediary BTL 2 Year Fixed £1995 Fee Purchase
Product Availability: Intermediaries Only
Lender Code: TSB
Lender Name: TSB
Initial Pay Rate: 1.39
Mortgage Class: Fixed
Initial Rate Period: May-2020
Initial Rate Period Months: 25
Standard Variable Rate: 4.84
Apr Lenders: 4.5
Early Repayment Charge Applies Until: 31-May-2020
Early Repayment Charge Period Sort Field: 1444
Initial Monthly Payment: 141.35
Monthly Payment After Initial Period: 492.19
Fees Total: 2211.00
True Cost: 0.00
True Cost Over Initial Period: 3464.75
Cashback: 250.00
Valuation Fee: 181.00
Arrangement Fee: 1995.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 0.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 0.00
Lender Product Reference: 14MW
Detail
Platform Intermediary BTL 2 Year Fixed £1999 Fee Capital Raising CTS1.39%FixedJun-20205%4.6%APRC30-Jun-2020 £199960%
Product Code: 0023I5
Product Name: Intermediary BTL 2 Year Fixed £1999 Fee Capital Raising
Product Availability: Intermediaries Only
Lender Code: CTS
Lender Name: Platform
Initial Pay Rate: 1.39
Mortgage Class: Fixed
Initial Rate Period: Jun-2020
Initial Rate Period Months: 26
Standard Variable Rate: 5
Apr Lenders: 4.6
Early Repayment Charge Applies Until: 30-Jun-2020
Early Repayment Charge Period Sort Field: 1445
Initial Monthly Payment: 141.32
Monthly Payment After Initial Period: 508.33
Fees Total: 2308.00
True Cost: 0.00
True Cost Over Initial Period: 3483.32
Cashback: 500.00
Valuation Fee: 149.00
Arrangement Fee: 1999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 106.00
Deeds Release Fee: 54.00
Product Match Status: Available
MaxLoan Available: 350000.00
Legal Fee: 0.00
Lender Product Reference: B846
Detail
Hinckley & Rugby BS TBMC BTL 2 Year Discount £2999 Fee BHI1.4%Discount2 years 5.89%5.6%APRC £324975%
Product Code: 001OZE
Product Name: TBMC BTL 2 Year Discount £2999 Fee
Product Availability: Intermediaries Only
Lender Code: BHI
Lender Name: Hinckley & Rugby BS
Initial Pay Rate: 1.4
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5.89
Apr Lenders: 5.6
Early Repayment Charge Period Sort Field: 0
Initial Monthly Payment: 143.50
Monthly Payment After Initial Period: 603.72
Fees Total: 3914.00
True Cost: 0.00
True Cost Over Initial Period: 4359.00
Cashback: 0.00
Valuation Fee: 265.00
Arrangement Fee: 2999.00
Booking Fee: 250.00
Higher Lending Charge: 0.00
Max LTV Available: 75
Product Type: Buy To Let
Mortgage Discharge Fee: 150.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 250.00
Lender Product Reference: 36163
Detail
Virgin Money BTL 2 Year Fixed £1995 Fee BNR1.44%FixedJul-20204.99%4.7%APRC01-Jul-2020 £199560%
Product Code: 003RX8
Product Name: BTL 2 Year Fixed £1995 Fee
Lender Code: BNR
Lender Name: Virgin Money
Initial Pay Rate: 1.44
Mortgage Class: Fixed
Initial Rate Period: Jul-2020
Initial Rate Period Months: 26
Standard Variable Rate: 4.99
Apr Lenders: 4.7
Early Repayment Charge Applies Until: 01-Jul-2020
Early Repayment Charge Period Sort Field: 1446
Initial Monthly Payment: 146.39
Monthly Payment After Initial Period: 507.30
Fees Total: 2263.00
True Cost: 0.00
True Cost Over Initial Period: 3574.14
Cashback: 500.00
Valuation Fee: 188.00
Arrangement Fee: 1995.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 30
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 50.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 150.00
Lender Product Reference: 9RJ9 / 9RMK
Detail
Platform Intermediary BTL 2 Year Tracker £1999 Fee Capital Raising CTS1.49%Tracker2 years 5%4.7%APRC2 years £199960%
Product Code: 0023G5
Product Name: Intermediary BTL 2 Year Tracker £1999 Fee Capital Raising
Product Availability: Intermediaries Only
Lender Code: CTS
Lender Name: Platform
Initial Pay Rate: 1.49
Mortgage Class: Tracker
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5
Apr Lenders: 4.7
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1431
Initial Monthly Payment: 151.48
Monthly Payment After Initial Period: 508.33
Fees Total: 2308.00
True Cost: 0.00
True Cost Over Initial Period: 3444.52
Cashback: 500.00
Valuation Fee: 149.00
Arrangement Fee: 1999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 106.00
Deeds Release Fee: 54.00
Product Match Status: Available
MaxLoan Available: 350000.00
Legal Fee: 0.00
Lender Product Reference: B855
Detail
Post Office Intermediary BTL 2 Year Fixed £1495 Fee Incentives POS1.49%FixedJun-20204.99%4.4%APRC30-Jun-2020 £149560%
Product Code: ZKL
Product Name: Intermediary BTL 2 Year Fixed £1495 Fee Incentives
Product Availability: Intermediaries Only
Lender Code: POS
Lender Name: Post Office
Initial Pay Rate: 1.49
Mortgage Class: Fixed
Initial Rate Period: Jun-2020
Initial Rate Period Months: 26
Standard Variable Rate: 4.99
Apr Lenders: 4.4
Early Repayment Charge Applies Until: 30-Jun-2020
Early Repayment Charge Period Sort Field: 1445
Initial Monthly Payment: 150.87
Monthly Payment After Initial Period: 505.28
Fees Total: 1705.00
True Cost: 0.00
True Cost Over Initial Period: 4117.62
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 1495.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 15
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 195.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 258.00
Lender Product Reference: DKF
Detail
Barclays Bank BTL 2 Year Fixed 1% Fee BWO1.5%FixedJul-20204.99%4.5%APRC31-Jul-2020 £120060%
Product Code: 0029T8
Product Name: BTL 2 Year Fixed 1% Fee
Lender Code: BWO
Lender Name: Barclays Bank
Initial Pay Rate: 1.5
Mortgage Class: Fixed
Initial Rate Period: Jul-2020
Initial Rate Period Months: 27
Standard Variable Rate: 4.99
Apr Lenders: 4.5
Early Repayment Charge Applies Until: 31-Jul-2020
Early Repayment Charge Period Sort Field: 1446
Initial Monthly Payment: 151.50
Monthly Payment After Initial Period: 503.99
Fees Total: 1520.00
True Cost: 0.00
True Cost Over Initial Period: 4410.50
Cashback: 0.00
Valuation Fee: 205.00
Arrangement Fee: 1200.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 80.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 215000.00
Legal Fee: 126.00
Lender Product Reference: BR15 / BR16
Detail
Virgin Money Intermediary Exclusive BTL 2 Year Fixed £995 Fee Purchase BNR1.52%FixedJul-20204.99%4.7%APRC01-Jul-2020 £99560%
Product Code: 002EU1
Product Name: Intermediary Exclusive BTL 2 Year Fixed £995 Fee Purchase
Product Availability: Exclusive Intermediaries Only
Lender Code: BNR
Lender Name: Virgin Money
Initial Pay Rate: 1.52
Mortgage Class: Fixed
Initial Rate Period: Jul-2020
Initial Rate Period Months: 26
Standard Variable Rate: 4.99
Apr Lenders: 4.7
Early Repayment Charge Applies Until: 01-Jul-2020
Early Repayment Charge Period Sort Field: 1446
Initial Monthly Payment: 153.26
Monthly Payment After Initial Period: 503.14
Fees Total: 1263.00
True Cost: 0.00
True Cost Over Initial Period: 3652.76
Cashback: 600.00
Valuation Fee: 188.00
Arrangement Fee: 995.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 30
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 50.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 150.00
Lender Product Reference: 9S62
Detail
Santander UK Plc Intermediary BTL 2 Year Fixed £1499 Fee (Scottish) CAN1.54%FixedJul-20203.75%3.6%APRC02-Jul-2020 £149960%
Product Code: 0021N3
Product Name: Intermediary BTL 2 Year Fixed £1499 Fee (Scottish)
Product Availability: Intermediaries Only
Lender Code: CAN
Lender Name: Santander UK Plc
Initial Pay Rate: 1.54
Mortgage Class: Fixed
Initial Rate Period: Jul-2020
Initial Rate Period Months: 26
Standard Variable Rate: 3.75
Apr Lenders: 3.6
Early Repayment Charge Applies Until: 02-Jul-2020
Early Repayment Charge Period Sort Field: 1446
Initial Monthly Payment: 155.92
Monthly Payment After Initial Period: 379.68
Fees Total: 1759.00
True Cost: 0.00
True Cost Over Initial Period: 4313.92
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 1499.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Buy To Let
Mortgage Discharge Fee: 225.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 750000.00
Legal Fee: 184.75
Lender Product Reference: BLBFR/BLBFV
Detail

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

The mortgage products displayed above are as a result of the following search: Reason for Mortgage: Purchase; Property Valuation: £200000; Mortgage Amount: £120000; Payment Method: Interest Only; Mortgage Term: 25 years; Mortgage Product: All Offset: No Product Term Period From: 0 Months; Product Term Period To: 300 Months; . For a more accurate quotation please use our Quick Mortgage Quote facility.

Mortgage product availability is subject to status and availability.

Although great care is taken to ensure that product details are as accurate as possible no liability can be accepted for errors or omissions. To confirm details and availability of any product please click the “Do I Qualify” button.