A Buy to Let mortgage is a loan that allows the borrower to purchase a residential property which is then let to tenants. At Danske Bank, we have a range of products to choose from, as well as a maximum Loan to Value of up to 75% (depending on the location of the property). When it comes to investing in property, we may be able to help you understand if this is right for you.
Base Rate Tracker Investment Mortgages
Our Base Rate Tracker investment mortgage tracks the Danske Bank Base Rate (UK) for the full term of the loan and any changes to this will be passed on to you immediately.
There are no restrictions on making overpayments or lump sum payments and as interest is calculated daily, this means you get the benefit straight away. There are no early repayment charges.
Fixed Rate Investment Mortgages
Want to know exactly how much your monthly mortgage payments will be? Keep your mortgage repayments fixed for an agreed term of 2, 3 or 5 years.
With a Fixed Rate investment mortgage the interest rate is fixed during the fixed rate period, meaning your repayments stay the same for an agreed term.
Please refer to the Representative Example, Mortgage Rates, Loan to Value & Conditions below for more important information.