BTL criteria soon to tighten - get a mortgage while you can.

Some high street lenders are planning stricter checks on would-be landlords, and these new checks may reduce the amount you can borrow.

To avoid missing out on a mortgage to invest in the buy to let boom, you are advised to act without delay as you may not fit within lending criteria once checks are introduced.

However currently not all lenders are planning make buy to let borrowing more difficult and our advisers at Deal Direct can ensure you apply to those who don't.

Buy to let is being blamed for house price increases and lenders are taking measures to introduce tough checks as fears rise that thousands of landlords are cashing in on cheap mortgages. For example Barclays will now no longer lend to landlords they believe are reliant on rental income to cover their own day to day living expenses.

Those applying for a buy to let mortgage could soon find themselves facing similar financial checks to those buying a residential property. This is a big change as many BTL products are not regulated by the FCA and borrowers previously haven't had to pass these checks.

If you are considering investing in property call Deal Direct for mortgage advice and a 'whole of market' search. We would recommend you don't leave your search too long in case you find yourself unable to borrow.

Please note:

• Deal Direct are fully qualified mortgage brokers regulated by the FCA to offer mortgage advice, we are not however regulated to offer financial advice as to the suitability of property as an investment. Speak to an independent financial adviser for investment advice.
• Not all BTL mortgages are regulated by the FCA.

Call us today for a quote on 0800 048 8828.