Buy to let landlords call Deal Direct for a low rate 2017 mortgage offer.

The buy to let mortgage sector is a very competitive one, with lenders constantly announcing movements on their rates. This has been fueled by the recent cut in the base rate, which has resulted in some fantastic mortgage and remortgage offers.

This means that, if you are a landlord, or considering becoming one, the current market conditions are excellent for obtaining a great deal in 2017. 

Some of you, though, may be waiting for a further fall in mortgage rates, but this may not be such a wise move. Predictions indicate that the rates presently being offered may now have bottomed out.

Buy-to-let lending criteria is also changing, with some lenders, such as Barclays, having already responded. This means they are now asking for larger deposits and higher rent to mortgage repayment ratios.

Not all lenders have followed suit, however, and so it is still possible to source a mortgage with a lower level of capital investment. Independent mortgage broker, Deal Direct, can help you source one of these mortgages and guide you through the process of securing an affordable deal in 2017.

Please be aware that whilst we are regulated to offer independent mortgage advice by the FCA, we are not regulated to offer independent financial advice. To discuss whether property is suitable as an investment, please contact an independent financial advisor for guidance.

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 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.

Call 0800 048 8828 for BTL mortgage advice.