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. In 2022, the five-year fixed mortgage interest rate for a BTL property in the United Kingdom was 3.47 percent, which was an increase by 0.27 percent compared to the same quarter of 2021. Conversely, the 10-year mortgage rate decreased from 3.81 percent to 3.7 percent. The vast majority of UK landlords had a fixed mortgage, with 5-year fix being the most popular mortgage term.
Average fixed rate for buy-to-let mortgage prices in the United Kingdom (UK) in Q2 2021 and Q2 2022, by term
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Mortgages for Business. (October 5, 2022). Average fixed rate for buy-to-let mortgage prices in the United Kingdom (UK) in Q2 2021 and Q2 2022, by term [Graph]. In Statista. Retrieved November 21, 2024, 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) in Q2 2021 and Q2 2022, by term." Chart. October 5, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1121114/average-fixed-rate-buy-to-let-mortgage-prices-united-kingdom-by-term/
Mortgages for Business. (2022). Average fixed rate for buy-to-let mortgage prices in the United Kingdom (UK) in Q2 2021 and Q2 2022, by term. Statista. Statista Inc.. Accessed: November 21, 2024. 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) in Q2 2021 and Q2 2022, by Term." Statista, Statista Inc., 5 Oct 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) in Q2 2021 and Q2 2022, by term Statista, https://www.statista.com/statistics/1121114/average-fixed-rate-buy-to-let-mortgage-prices-united-kingdom-by-term/ (last visited November 21, 2024)
Average fixed rate for buy-to-let mortgage prices in the United Kingdom (UK) in Q2 2021 and Q2 2022, by term [Graph], Mortgages for Business, October 5, 2022. [Online]. Available: https://www.statista.com/statistics/1121114/average-fixed-rate-buy-to-let-mortgage-prices-united-kingdom-by-term/
