NatWest loosens it's criteria for buy to let mortgage applications.
NatWest Intermediary Solutions has announced an improvement to its buy to let criteria to help more investment landlords purchase property.
The lenders advises that it will now consider applications for property located in areas where a selective licencing scheme is in place.
This means the lender is now prepared to lend to applicants wanting to buy in areas where local councils require landlords to have a licence to rent out their property.
It is understood that the number of councils introducing selective licenses is likely to increase over the coming months.
Where ever you are looking to invest in property, Deal Direct can source a mortgage to suit your needs. We have access to ALL mortgages market-wide and are up to date on ALL mortgage lending criteria.
We have expertise in sourcing buy to let mortgage products and can find you a product that is competitive and tailored to your needs.
Our Deal Direct advisers are fully qualified and regulated by the FCA to offer independent mortgage advice, however we are not regulated to offer financial advice. To find out if a buy to let is a suitable investment, you are recommended to speak to an independent financial adviser.
Please also note that not every buy to let mortgage is regulated by the FCA.
For a low rate mortgage to invest in property,
call us at Deal Direct on 0800 048 8828.
