Save money on buy to let mortgage fees with Deal Direct.
A recent pricing structure review carried out by Barclays has seen a number of its buy to let mortgage rates and fees reduce.
On the surface, reduced fees could be very helpful in making a mortgage more affordable. How significant this is for you as a landlord, however, would depend on your own circumstances.
As a landlord, you naturally want a great deal that adds to your profitability. This may sway you to only look for fee-free buy to let mortgages, assuming that they would be the cheapest. This would be a mistake as all aspects of the mortgage product need to be factored in to calculate overall value and suitability.
The rates and products offered by Barclays could be a good match for you, but it can be difficult to get a clear picture of the true cost of what’s being offered without expert help and guidance.
As a top-rated independent mortgage broker, Deal Direct can evaluate Barclays’ mortgages for you and compare them to others from across the whole of the UK market. Our experts can give you that clear picture, making it easy for you to see which product would reduce costs and add value to your business.
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.
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.