Buy to let market review.
The buy to let mortgage market is strong, and those predicting market trends believe that its likely to remain buoyant for the foreseeable future.
There are many lenders targeting property investors. Competition is intense, which has led to some very good deals for those looking to become a landlord or add to their property portfolio.
When looking for a mortgage it is essential to know which lender to turn to for the most competitive deal.
At present there are some great mortgage offers from smaller less well known building societies such as Principality and Furness. Both offer 2 year fixed discounted deals with rates starting from 1.99%. For those looking for a longer term deal Melton Mowbury BS has a 3 year fix at 2.79%.
In addition there are specialist lenders offering buy to let mortgages such as Patform which has a 2 year tracker at 2.74%.
With mortgage changes due to come into effect from 26 April, it pays to enlist the services of an independent broker to find the right deal when buying a rental property.
For a 'whole of market' buy to let mortgage comparison talk to Deal Direct, we can find you a tailor made low rate mortgage.
For the best mortgage offer for your deposit level,
call 0800 048 8828.
