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Term Variable Rate Buy To Let Mortgages

Simple, straightforward lending. Variable interest rates follow changes to market rates. 

  • 4.7/5 (7 reviews)

Average review for all our Term Variable Rate Buy To Let Mortgages products

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For individuals with

  • Single residential or family units
  • And up to 4 unrelated tenants per property

Term Variable Rate Buy To Let Mortgages

Term Variable Rate Buy To Let Mortgages
Interest Rate
Reversion Rate
Overall cost for comparison APRC
Maximum LTV
Product Fee
Interest Rate
3.28%
Reversion Rate
N/A
Overall cost for comparison APRC
3.5%
Maximum LTV
70%
Product Fee
2.00%
Interest Rate
3.58%
Reversion Rate
N/A
Overall cost for comparison APRC
3.7%
Maximum LTV
70%
Product Fee
£1999
Interest Rate
3.88%
Reversion Rate
N/A
Overall cost for comparison APRC
4.0%
Maximum LTV
70%
Product Fee
£0
Interest Rate
3.28%
Reversion Rate
N/A
Overall cost for comparison APRC
3.5%
Maximum LTV
75%
Product Fee
2.00%
Interest Rate
3.58%
Reversion Rate
N/A
Overall cost for comparison APRC
3.7%
Maximum LTV
75%
Product Fee
£1999
Interest Rate
3.88%
Reversion Rate
N/A
Overall cost for comparison APRC
4.0%
Maximum LTV
75%
Product Fee
£0
Interest Rate
3.88%
Reversion Rate
N/A
Overall cost for comparison APRC
4.1%
Maximum LTV
80%
Product Fee
2.00%
Interest Rate
4.18%
Reversion Rate
N/A
Overall cost for comparison APRC
4.4%
Maximum LTV
80%
Product Fee
£1999
Interest Rate
4.48%
Reversion Rate
N/A
Overall cost for comparison APRC
4.6%
Maximum LTV
80%
Product Fee
£0

Representative example for our Buy-to-Let Term Variable Rate range

A mortgage of £195,000.00 payable over 25 years on our variable rate for the mortgage term of 25 years at our current rate of 3.58% would require 300 monthly payments of £581.75.
The total amount payable would be £370,440.00 made up of the loan amount plus interest (£174,525.00) and a valuation fee (£555) and estimated legal fees of (£360).


The overall cost for comparison is 3.7% APRC representative.

Latest Rating and Reviews

Term Variable Rate Mortgage (70% LTV) - Fixed Fee

Good

Top marks to Francesca Webster, she made the whole process easy.

28th January 2016 DJH1
Term Variable Rate Mortgage (75% LTV) - Fixed Fee

Excellent Customer Service

The simplified service, the speed of reply and the helpfulness of the mortgage advisors should be commended. Where you lack on is the value offered as a product. If you were to offer more competitive prices and reduced fees I am certain you will have even more customers.

13th December 2015
Term Variable Rate Mortgage (75% LTV) - Fixed Fee

Fit for purpose

The 75 % BTL on 3.93 % life time variable helped me to pick up the right property for investment. All other providers and their stress rates were challenging where as Aldermore never applied additional stress if it is 150% which worked out perfect for me. The process was super fast that from the application to offer only took less than 10 days. I was under a huge pressure from the chain and Aldermore turned out to be the right lender to go for in these circumstances. The service had a personal touch to it and Joseph was really helpful. Would recommend to anyone and a very straightforward process. I didn't even needed to use an external mortgage broker.

1st December 2015
Term Variable Rate Mortgage (75% LTV) - Fixed Fee

Very easy to arrange

Have always found the Aldemore staff to be very efficient and the whole application process easy to manage and quick.

14th July 2015 Caleb
Term Variable Rate Mortgage (75% LTV) - Fixed Fee

Very efficient service

From my very first contact with Aldermore I was treated with courteous, knowledgeable, and efficient service. My nominated advisor with whom I dealt throughout the whole process could not have been more helpful. This removed the need to repeat myself every time I phoned up. From start to finish I was treated as a valued customer, I would not hesitate to use and recommend Aldermore again in the future.

26th June 2015 Flint49

Don't want a term variable rate?

Buy To Let Mortgages

Fixed Rate Buy To Let Mortgages

  • 4.9/5 (45 reviews)

Rest easy with a stable interest rate. Fixed rate mortgages take fluctuating interest rates off your hands for smoother financial planning.

From 3.38%

IF YOU FAIL TO KEEP UP WITH PAYMENTS ON YOUR MORTGAGE A "RECEIVER OF RENT" MAY BE APPOINTED AND/OR YOUR RENTAL PROPERTY MAY BE REPOSSESSED.