Mortgage broker, Deal Direct, can source the best fixed term rates for landlords.

Mortgage broker, Deal Direct, is committed to sourcing the very best fixed rate buy to let mortgages for landlords.

Now is an excellent time to obtain a 2 or 3 year fix as buy to let mortgage rates continue at record low levels.

This is excellent news for landlords who are seeking a product to cover the short-term. However, other landlords are seeking to guard themselves against the uncertainty of the market by choosing a longer-term. If you are a landlord who is attracted by the level of security offered by a 5 year fix, the advice would be to move quickly, or run the risk of missing out on the best value offers.

As the price of longer-term swap rates has been increasing steadily over recent months, the cost of 5 year fixes has been impacted, with some lenders increasing their rates.

Having said that, the longer-term fixed rate mortgage still represents a very good deal. As a landlord, this may be more of interest to you than locking in to a shorter-term product. Although the rates offered are cheaper, a mortgage of a shorter duration means paying remortgage costs in another two or three years.  

Our advisers at Deal Direct are experts in buy to let mortgages. As a ‘whole of market’ broker, we can assist you in calculating which mortgage, from those available across the UK, represents the best value deal, according to your property portfolio goals.  

For access to the best longer-term buy to let mortgage rates, contact independent mortgage broker, Deal Direct.

Please be aware that Deal Direct 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 and independent financial adviser.

Also 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.

To discuss your buy to let options in further detail, call 0800 048 8828 today.