Act now and save on some lenders' buy to let mortgage fees.
In the wake of the rise in the base rate, buy to let mortgage providers have responded in numerous ways.
Paragon, for instance, have made the route to taking out a new buy to let mortgage more affordable for landlords by removing application and valuation fees. The move applies to all their portfolio products but will only be available for a limited time.
The scrapping of the fees also applies to the newest products in their 2-year fixed rate range that Paragon unveiled in October.
This lender’s options, if you are a landlord with an existing portfolio, could be exactly what you are looking for. However, there may be other deals on the market that would suit your purposes better and Deal Direct are ideally placed to find them for you.
We are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of a property as an investment, you will need to contact an independent financial adviser.
Please note:
Buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as a normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.