Finding best buy to let mortgage to invest in property.
Getting the right information and choosing the most competitive buy to let mortgage is key to making a sound investment in a property.
If you are going to be a landlord for the first time it is important to find the best deal available so that you get off to a profitable start.
If you have had a property for a number of years and it has gained equity, you may be able to remortgage to get a better rate. Rent has also been rising and the income from letting a property can be taken into account when you are applying for a mortgage.
While the availability of mortgages for landlords may have reduced in recent years, competitive rates are still available.
Deal Direct are up to date on all market changes and can offer you a competitive deal.
Things to consider when choosing a buy to let mortgage.
- As with residential mortgages there are a number of different options available such as tracker or fixed and rates from different lenders can vary widely.
- Unlike residential mortgages many deals are still available on an interest only basis.
- Buy to let mortgage rates tend to be higher than for residential mortgages but interest can be allowed as an expense against rental income for tax purposes.
Deal Direct can offer advice and find you the right mortgage product to suit your needs.
Contact one of our skilled advisers today – 0800 048 8828.
