Buy To Let 3 Year Fixed Mortgages

Selected UK buy to let mortgage offers

If you require help on your buy to let mortgage options use our impartial Buy to Let Mortgage Advice Service

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Compare 3 year fixed rate Buy To Let mortgages

There are many reasons for why you want to take out a buy to let mortgage with a fixed rate for 3 years instead of an adjustable mortgage that tracks the rise and fall of interest rates.

These include:

• Stability in knowing what you have to pay each month
• They offer you peace of mind
• Many only last between 2-5 years so if you decide you are not satisfied with your mortgage so that you can change it quickly
• You can budget the amount you need to spend each month without it changing

However, there are a few potential disadvantages that may come with purchasing a buy to let mortgage with a fixed rate for 3 years.

Some examples could be:

• You may be charged a redemption penalty, which refers to the fee you pay for ending your mortgage policy too soon
• If the interest rates a low, then you could be paying more than you need to
• Some buy to let mortgage deals feature higher monthly payments than others

If you are planning on taking out a buy to let mortgage with a 3 year fixed rate policy, you may want to consider shopping around for the best deal.

Before making your final decision, you should consider your costs and the monthly payments.