What rates do the cheapest buy to let mortgages start at?
Current mortgage rates differ from area to area. Smaller
mortgages are not offered by many lenders because the lender makes
less profit on a smaller mortgage than a larger one. Lenders that
do offer smaller mortgages will likely charge a higher interest
rate for them than for larger mortgages. A local lender may be a
better option than a national lender because they are familiar with
the area.
Related Q&A：
What lender would most likely charge you the highest interest rate on your loan？Well, typically, payday lenders or some unscrupulous online lenders might charge you the highest interest rates. You know, those payday lenders can be really risky. They often target people who are in desperate need of quick cash and take advantage of the situation. Oh my goodness, their interest rates can be sky-high and it can be so hard to pay off that loan. And some shady online lenders, they don't have much regulation and can just slap on these crazy high interest rates. So, it's super important to be really careful and do your research before taking out any loan.
