Offset buy to let mortgage unveiled by Family Building Society.

As a landlord, you may now be seeking a new type of buy to let mortgage that helps you soften the impact of April’s changes to tax relief.

If so, you may be interested in the new offset buy to let mortgage that Family BS has recently launched.

As with a traditional offset mortgage, money held in a savings account with the lender is linked to the mortgage. Your savings are used to offset the outstanding balance of your mortgage on which interest is charged. A reduction in the outstanding balance means a reduction in the amount of interest you pay.

This could be good news for landlords seeking to increase their profitability as much as possible, however it is not the only option available.

Regardless of your age, level of lettings experience and size of your property portfolio, the advice would be to make expert buy to let mortgage broker, Deal Direct, your first port of call.

Our advisers are highly trained and have an enormous wealth of experience that you can draw on and use to your advantage.

We 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 an independent financial adviser.

Please note 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 buy to let mortgages, call Deal Direct on 0800 048 8828.