Shorten buy to let mortgage processing times with Deal Direct’s help.
Enlisting the assistance of expert mortgage broker, Deal Direct, could prove to be crucial when it comes to speeding up your buy to let mortgage application.
The market has changed rapidly for landlords and portfolio landlords this year with alterations to tax relief being introduced, as well as to the regulations concerned with affordability and rental coverage.
The changes have caught some landlords off-guard and buy to let mortgage approvals have been delayed because of the omission of some newly required information or submission of incorrect documentation.
With further changes having been introduced to the sector at the end of September, landlords are again faced with a fresh set of regulations to contend with, unfamiliarity with which may delay what would otherwise have been a straightforward process.
Procuring the help of buy to let mortgage experts, Deal Direct, can support you in proving exactly the right information and documentation that the lenders require first time. As we know the market inside out, you can draw on our expertise to help you avoid needless hiccups and frustrating delays.
Deal Direct 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 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.