Reforms to buy to let mortgage market impacts smaller-scale landlords.

Since the wide-ranging reforms to buy to let mortgages were introduced, it’s the smaller-scale landlords who are being hit the hardest.

During the last year, landlords have been subject to:

• the introduction of tougher stress tests
• the possibility of limits being put on what landlords can borrow
• reduction of tax relief on mortgage interest repayments
• higher stamp duty charges on additional properties

If you are one of the estimated 50%+ landlords who have yet to seek professional advice on remortgaging your existing buy to let properties, you could struggle without our help.

Because we know the market inside out, we can source mortgages for you that help you maximise your profits rather than drain your bank account.

Before you apply for your next buy to let mortgage, seek expert guidance from 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 a property as an investment, you will need to contact an independent financial adviser.

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.

Chat with us online or call us now on 0800 048 8828.