Best buy to let mortgage

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Initial rate	Until	SVR	APR	ERC	Enquiry

4.49%(WM70)	31/03/2011	4.49%	5.0%	5%

4.99%(NA70)	3 years	4.50%	5.0%	3%

5.19%(NA75)	3 years	4.50%	5.1%	2%

5.29%(NA75)	01/04/2011	4.50%	5.1%	2%

5.49%(NA75)	01/04/2012	4.50%	5.2%	2%

Buy to let calculator
Buy to Let Occupancy details:
Not all Buy to Let mortgages are regulated by the Financial Services Authority (FSA). If 40% or more of the property to be mortgaged will be or is intended to be occupied as residential accommodation by you or a related person, then your mortgage will be regulated.

The Financial Services Authority (FSA) defines a Related Person as:

The borrower's spouse.

A person (whether or not of the opposite sex) whose relationship with the borrower has the characteristics of the relationship between husband and wife.

The borrower's parent, brother, sister, child, grandparent or grandchild.

Property means:

Space within the property and Land used in connection with the dwelling, would include house, driveway and garden.

The share of the aggregate floor and/or land area used directly in connection with the habitation of the property. Portions of the property used directly for business purposes would be excluded.

Non Connected land is where the use is unconnected or can exist without the dwelling e.g. Farmland

Examples of property types:

Converted flat means that the building used to be another type of property such as a large house which has been converted into flats. E.g. a 'Victorian conversion'.

A maisonette is similar to a flat, except that it is usually on two levels and has its own entrance rather than sharing an entrance with other flats in the building.

An agriculturally restricted house is one where the occupier must either be retired from, or obtain a percentage of their income from farming (either employed by a local farmer, or producing from their own smallholding). This type of restriction varies from area to area. Your local council can give you details if this applies to you.

A studio flat is a flat without a separate bedroom; i.e. the bedroom is included in the living space.