Find the right buy to let mortgage through Deal Direct.

Paying high mortgage rates could greatly impact the profitability of a buy to let, but with mortgage rates at record lows, now is an extremely good time to secure a buy to let deal over a longer term.

Deal Direct have market access to all ranges currently being offered by lenders. Below are just a few examples of the mortgage rates, according to loan to value.  

  • Barclays have a 5 year fix at 2.49% for up to 65% LTV.
  • Skipton have a 5 year fix at 2.74% for up to 70% LTV.

If you are considering a term longer than 5 years, Post Office Money are offering a 7 year fix at 3.69% for up to 75% LTV.

According to the predictions of market analysts, mortgage rates have potentially reached their lowest mark. Therefore, if mortgage rates rise, as anticipated, delaying your decision to obtain a buy to let mortgage could make your purchase more expensive.

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Our advisors at Deal Direct have your best interests in mind and search the market very thoroughly to find you the best available deal, according to your needs.

All of our advisors are highly qualified and we are regulated by the FCA to offer mortgage advice.  However we are not financial advisors, and are not regulated to advise you on the suitability of property as an investment. For this type of advice, you will need to call an IFA.

Please note:

Buy to let mortgages 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 us today on 0800 048 8828 for a buy to let deal.

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Article published: Thursday, October 20, 2016
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