BoE due to detail buy to let mortgage stress tests and rule changes.

In just a couple of days the Bank of England has advised that it plans to publish details of 2016 bank stress tests and buy-to-let mortgage underwriting. The date set for the release of this information is March 29, at this time rule changes will become clearer.

Buy to let mortgage regulation is set to get far stricter from April. Products for non-professional landlords will be regulated by the FCA, which means applications will go through the same rigorous affordability checks as residential deals.

When criteria changes come into effect, it will become even more essential to enlist the services of an independent and impartial buy to let mortgage broker, as this will ensure you end up with a competitive deal.

With stamp duty increasing by 3% in April, it will become even more vital for investors to end up on the right mortgage as buy to let margins are set to get tight.

By using one of our specialist advisers, you can feel confident that you will receive advice that is both independent and impartial.

Our mortgage advice is tailored to your needs. We work on your behalf and not that of the lender and are fully qualified and regulated by the FCA to offer mortgage advice.

If you require advice as to the suitability of property as an investment, you will need to speak to an independent financial adviser as we are not regulated to offer general financial advice.

Note: Not all mortgages are regulated by the FCA.

For impartial advice and a low rate quote,

call 0800 048 8828.