The interest rate that is applicable to your Buy-to-Let mortgage will vary depending on the specific details of the mortgage deal you took out with us. Both the initial and subsequent interest rates will be stated in your original mortgage conditions, so please refer to these documents.

If you would like to see how future interest rate rises could affect your monthly mortgage payments, then please try our rate rise calculator. Simply enter a few basic details about your mortgage and we will show you what your payments could rise to should rates rise in the future.

See how rate rises could affect you here

Interest Rate Calculator Interest Rate Rise Calculator
Launch our Interest rate
calculator

Fixed rate

If a fixed rate applies to your mortgage it will not change until you get to the end of the agreed fixed rate term. Once your fixed rate ends you will then usually revert to one of the variable rates detailed below.

If your fixed rate is due to end we will write to you to inform you of your new interest rate and payment at least 14 days before your payment changes.

Tracker rate

A tracker rate will track at a set percentage above or below another rate for a specified term. If you have a tracker rate you will need to refer to your mortgage conditions for details of the rate your mortgage will track.

Discounted rate

A discounted rate will offer a set discount off either a Product Variable Rate (PVR) or a Standard Variable Rate (SVR) for a specific initial term. Once the discounted rate period ends, you will then usually revert to one of the variable rates detailed below.

The minimum interest rate that can be charged is 0.001%.

Product variable rate

If a Product Variable Rate (PVR) applies to your mortgage it will be set at a specific level above the Bank of England (BoE) base rate of interest. The level (or margin) above the BoE base rate will be stated in your mortgage conditions. Your PVR will change to follow any movements in the BoE base rate and can therefore increase or decrease over time. The PVR will remain in place until you reach the end of your current mortgage term.

Changes to a PVR will normally take effect from the first day of the month following any BoE rate change. If you have a mortgage on a PVR we will write to you within 2 weeks of any change to the BoE base rate to inform you of the subsequent changes to your payment.

The minimum interest rate that can be charged is 0.001%.

Standard variable rate

If a Standard Variable Rate (SVR) applies to your mortgage this means your interest rate is not directly linked to any external rates and is instead set by Bradford & Bingley or Mortgage Express.

You will be notified in writing of any changes to your SVR.

Rate Rise Calculator

Interest Rate Rise Calculator

£

years months

%

Calculation results

If interest rates rise by
Current rate0.25%0.50%1.00%2.00%3.00%5.00%
your monthly payment will be* 0.00
An increase of 0.00

* Please note - this calculator provides an illustration of a repayment or interest only mortgage with interest calculated monthly. The actual payments may differ.