Best mortgage rates · Buy-to-let · July 2026

    Today’s best 2-year tracker BTL remortgage rates, variable rate, fixed horizon.

    A thin but useful corner of the BTL remortgage market — tracker products that follow the Bank of England base rate, often without early repayment charges, re-ranked nightly.

    40+ lender product books Fee & no-fee best buys No signup, no credit check Refreshed nightly
    Refreshed nightly — rates as of 13 July 2026
    Loan to valueLTV = loan ÷ property value. A £50k deposit on a £250k home is 80% LTV.
    LenderInitial rateMonthlyTracks untilThenProduct fee
    1
    B
    BarclaysBest rate
    4.52%£753on £200,000 int-only2 yrs8.24%£999See full deal →
    2
    H
    HSBC Bank
    4.59%£765on £200,000 int-onlyOct 20287.25%None£350 cashbackFree legalsFree valuationSee full deal →
    3
    H
    HSBC Bank
    4.59%£765on £200,000 int-onlyOct 20287.25%£1,999Free legalsFree valuationSee full deal →
    4
    S
    Skipton BS
    4.72%£787on £200,000 int-only2 yrs6.29%£1,495Free legalsFree valuationSee full deal →
    5
    B
    Barclays
    4.99%£832on £200,000 int-only2 yrs8.24%NoneSee full deal →
    Cheapest with no product feeHSBC Bank at 4.59% — £765/moView →

    Monthly payments illustrated on a £200,000 interest-only; fees not added to the loan. Rates shown are for comparison — full lender criteria apply.

    The 2-year tracker bucket in BTL remortgage is thin — typically a handful of lenders — but it fills a genuine role. Tracker products follow the Bank of England base rate plus a fixed margin for the deal period; your monthly payment moves with base rate changes. Many BTL trackers carry no early repayment charge, which makes them the preferred holding pattern when a landlord needs to retain exit flexibility: to sell, restructure, or wait until rental income can support a larger remortgage on better terms.

    One scenario where a tracker makes practical sense at BTL remortgage: the ICR re-test today at fixed-rate stress levels would reduce the loan below what you’re carrying, but your rent is set for review within 12 months. A tracker — especially an ERC-free one — lets you remortgage off the current deal without being trapped by a charge you’d incur if circumstances improve sooner than expected. It’s a tool for managing timing, not just a rate view.

    We ingest the data ourselves

    Most comparison tables license the same third-party panel. We build ours directly from lender product data, run through our own quality-assurance pipeline — so we sometimes list deals other sites miss.

    Refreshed every night

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    Frequently asked questions

    How these tables work, and how to choose between the deals on them.

    01Are 2-year BTL remortgage trackers usually ERC-free?
    A meaningful proportion of BTL tracker products are ERC-free or carry minimal exit charges, which is a large part of their appeal for landlords who want flexibility. Always check the specific product terms — some trackers do carry ERCs, and a few have collared floors that limit how much your rate can fall. The tables show the ERC position alongside each deal; don’t assume ERC-free from the tracker label alone.
    02How is the ICR stress test applied on a 2-year BTL tracker at remortgage?
    Tracker products are generally treated like shorter-term fixes for ICR stress purposes — assessed at a notional rate higher than the current pay rate, commonly the tracked rate plus 2% or a standard floor, whichever is higher. That means a tracker can sometimes support less borrowing than a 5-year fix on the same rent, despite potentially being a lower initial rate. Confirm the stress method with your lender or broker before assuming a tracker unlocks more.
    03What’s the margin structure on BTL tracker mortgages?
    Tracker rates are quoted as a margin above the Bank of England base rate — for example, base plus 1.5%. Your actual monthly payment changes each time the base rate changes, usually within one to two months of an adjustment. The margin is fixed for the product term; only the base rate underneath it moves. Some products also have a floor rate, meaning the pay rate cannot fall below a set level even if the base rate drops sharply.
    04Is a tracker or a 2-year fix better at BTL remortgage?
    The ICR stress test is usually the same across both, so the decision comes down to payment certainty and exit flexibility. A fix locks both the rate and the ERC position; a tracker (often ERC-free) leaves you free to exit when your circumstances change. If you need certainty for budget planning — particularly useful if the property is lightly cashflow-positive — a fix protects that. If flexibility to react within the next 24 months outweighs certainty, a tracker is worth pricing.

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