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Low Fixed Rate Mortgage

Our latest buy-to-let mortgage and re-mortgage options

Thursday 28 November, 2019

If you are a buy-to-let investor requiring a commercial mortgage or you are a homeowner, wanting remortgaging advice review our mortgage options below.


Mortgage Option 1

£150,000 loan with a 25-year term

Fixed rate of 1.35% until 31.03.22 

Monthly Payment £168.75

Early repayment charges will apply until 31.03.22
The overall cost for comparison is 4.4% APRC

For an interest only mortgage you would pay 28 payments at a cost of 1.35% with monthly payments of £168.75, followed by 272 payments at a variable rate which is currently 4.74% with monthly payments of £592.50. Total amount payable £317,158.

The illustration is based on an interest only mortgage.


Mortgage Option 2

£200,000 loan with a 25-year term

Fixed rate of 1.35% until 31.03.22

Monthly Payment £225.00

Early repayment charges will apply until 31.03.22
The overall cost for comparison is 4.4% APRC

For an interest only mortgage you would pay 28 payments at a cost of 1.35% with monthly payments of £225.00, followed by 272 payments at a variable rate which is currently 4.74% with monthly payments of £790.00. Total amount payable £422,557.

The illustration is based on an interest only mortgage.


Thomas Oliver provide the following services in relation to buy-to-let mortgages and re-mortgages:

  • Mortgages
  • Remortgages
  • Product Transfer
  • Further Advances
  • Interest Only Mortgages
  • Repayment Mortgages
  • Variable Mortgages
  • Tracker Mortgages
  • Fixed Mortgages

Vishal Gulrajani, Mortgage Broker in Goff’s Oak & Cheshunt, Hertfordshire said:

‘These figures are only mortgage illustrations and the available interest rates change on a daily basis.  It is interesting to note that the rates offered now are lower than those we advertised for the same products last year. Please also remember that the actual rate you will pay on a buy to let mortgage or a remortgage will depend on your own financial circumstances. Thomas Oliver can provide you with a personalised illustration at the time of your enquiry which may differ from the information shown. We always recommend that if you are looking for any type of mortgage you should consider getting mortgage advice before you find a property as we can discuss how much money you can borrow and review the mortgage market to find the best mortgage option for your personal situation.  Working with a mortgage adviser could save you time and money when you are busy purchasing a home or a buy-to-let investment. We offer a free initial mortgage consultation so please contact one of our North London mortgage brokers on 01707 872000 to set up a meeting. Please note that if you are reading this after 20th November 2019 it is possible that these rates are no longer available.’

Your property may be repossessed if you do not keep up repayments on your mortgage. Thomas Oliver UK LLP are appointed representatives of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

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