If you're thinking of investing in a Buy to Let property, it is important to consider all of the mortgages available. At Woolwich, we have a wide range of mortgages to suit Buy to Let investors. Tracker mortgages are just one of those options, enabling customers to choose Buy to Let mortgages based on their unique financial circumstances.
How Buy to Let tracker mortgages work
Tracker mortgages are offered in accordance with the Bank of England Base Rate. This means that if the base rate fluctuates by a given percentage, the interest rate and monthly payments will rise or fall accordingly. At the end of your tracker period, the mortgage rate on your Buy to Let property will adjust to a Standard Variable Rate. We have a range of Buy to Let tracker mortgages, from lifetime trackers to a 1-year discounted tracker, ensuring that Buy to Let investors have plenty of mortgage options.
Useful information about Buy to Let tracker mortgages
If you are planning to purchase a Buy to Let property, you'll need to arrange insurance that's specifically for landlords. Find out more about Buy to Let mortgage insurance from Barclays. Our Buy to Let tracker mortgages are portable, so you have the option to move your Buy to Let mortgage to another Buy to Let property. It is advisable to remember that your Buy to Let property will need to generate sufficient annual rental income to cover your annual interest mortgage payment. To discuss Buy to Let tracker mortgages, or apply for one today, call 0845 678 9992* or visit your nearest Barclays branch to speak to a mortgage specialist.
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More about our mortgages
Take a look a the different benefits and rates our mortgages offer.
Your home may be re-possessed if you do not keep up repayments on your mortgage
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