Take out a buy to let mortgage to cash in on property.

There is a growing trend of home-owners seeking a buy to let mortgage to take advantage of increasing rental returns and move home.

Currently buy to let mortgage rates are low and criteria relaxed. If you would like to move but do not want to sell due to lower property prices, you could switch to a buy to let deal and take on a new residential mortgage for your new home.

Lenders criteria varies for a buy to let deals, but generally 25% equity in your home is required to be considered for a mortgage.

Buy a new home while renting out the old.

Rental yields have increased and mortgage rates have fallen, making now a great time to make a property investment. Buy to let mortgages are now more readily available and there are more deals on offer to chose from.

If you would like to make a product review of the most competitive deals call Deal Direct on 0800 048 8828 for a quote. We can make a review of your circumstances and advise on which product would be best suited to your needs.

There is further positive news for investment landlords as it is predicted that the Help to Buy initiative may lead to a 30% property price increase over the next 3 years. It could be a wise move to invest in a second property while prices are low, with a view to selling it when prices rise in a few years.

If you are considering becoming a landlord you need to know what you can afford to borrow. Splitting your borrowing between two properties can be complicated therefore call an adviser at Deal Direct to help you work this out.

For advice and a buy to let mortgage quote call Deal Direct.

Speak to an adviser on 0800 048 8828.