I Can’T Believe This At All

[Ric.ror]

I bid for a house I really wanted before Christmas and didn’t get it
This week I have had an offer accepted for a property only for the first property to now become available again
You just can’t believe it
Anyway a quick question about Buy to let mortgage
Would a two three or five year fixed rate be better?
I think five but I wonder why they offer the other ones too
As always - I thank you all for taking the time to help me
You’re all most kind

[Zacs-Master]

This Barclay’s calculator might help:
https://resources.barclays.co.uk/mortgage-calculators/buy-to-let-affordability-customer

[Bazile]

I see that 100k is still burning a hole in your pocket :-)

[woofgang]

They offer the other ones because people like a gamble and believe different things about interest rates.... 5 years gives security but you might miss out on an interest rate drop, 2 years and 5 years give more flexibility but you might get stuffed when your fixed rate ends. As to which is "best" I have no idea.

[Ric.ror]

Thanks for your answers
I’ve been on the property hub - a very useful podcast series- they seem to dismiss more than 2 or three years fixed rates!
Thanks again