Some lenders are still cutting buy to let mortgage rates.
Some lenders are still cutting their buy to let mortgage rates, which is excellent news if you are a landlord.
There’s no doubt that the buy to let mortgage market is a challenging one currently. However, this doesn’t mean that landlords should stop buying properties for profit. Lenders are well aware of the challenges faced and are doing what they can to support this section of the market. Not only does this make good business sense for them but for you too.
LendInvest, for example, has recently reduced some of its product fees and cut some of its buy to let mortgage rates. The changes could be of interest whether you are a landlord of standard properties or HMOs. However, to find out for sure if LendInvest’s deals would be suitable for you and your business strategy, the best advice would be to consult with Deal Direct.
With over a decade’s experience to draw on, we know how important it is for you to maximize profits by securing the best buy to let mortgage rates. Our ‘whole of market’ experts will conduct a full review of your circumstances and recommend the most suitable mortgage options available from across the entire UK market.
Take advantage of our inside-out level of knowledge and streamline your efforts to secure rates that work for your property business. Call one of our team members now on 0800 048 8828.
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 a 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 a 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.