New buy to let mortgage lender announced.
Buy to let mortgage products are growing in number. Lenders are launching new products in an effort to help what is becoming a blooming sector of the property market.
Other forms of investments such as savings are presently offering poor returns. With rental income levels on a high, investors are turning into landlords which is increasing demand for buy to let mortgages
In response to increased demand a new buy to let mortgage lender has recently entered the market, propertyinvestorloans.co.uk are now offering buy to let products.
The lender advises that its decision to launch buy to let deals was prompted by other lenders slow funding decisions, propertyinvestorloans.co.uk has promised to offer rapid funding decisions for experienced investors in the property market.
The new lender has pledged to provide property finance within 24 hours, on mortgages from £30,000 to £3m secured on both residential and commercial property.
Chris Baguley who is the managing director of the company has said that property investors need to have cash readily available when buying as this can help them to achieve a better deal.
He advised that propertyinvestorloans.co.uk should enable investors to be more entrepreneurial. He added that slow mortgage funding from more traditional lenders can hamper the purchase process which means investors can end up paying more than needed for an investment property.
For a comparison of the cheapest buy to let mortgage products available on the UK market contact Deal Direct
