Buy to let mortgage rate reduction from Pepper Homeloans.

The buy to let mortgage rates being offered by Pepper Homeloans have recently been reviewed and are now cheaper. Its rates across the range have fallen by up to 0.50%.

The lender is also introducing new options for the 2 and 5 year fixed ranges.

• Rates for the 2 year start from 3.38%.
• Rates for the 5 year start from 4.18%.

The market for buy to let products is experiencing lots of movement at the moment in response to the new lending requirements, brought in in January, and the impending changes to tax, starting in April. The new terms and conditions are prompting lenders to be creative, and offer attractive mortgage solutions to existing and potential landlords.

Our buy to let mortgage experts at Deal Direct, can offer invaluable assistance in sourcing a mortgage product that corresponds to your borrowing requirements.

Please note, however, that 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 and independent financial adviser.

Please also be aware that 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.

For low rate buy to let mortgage offers from across the UK, call Deal Direct on 0800 048 8828.