Recent News in Buy to Let Mortgages
Recent years have seen low interest rates which have made buy to let mortgages much more attractive, especially when compared to other types of investments. Strong rental markets, particularly in university towns and cities, and low interest rates have resulted in an increase in the number of investors wanting to add property ownership to their portfolio. Buy to Let mortgages are a great way to diversify investment or supplement pension income with regular rental contributions.
Buy to Let mortgage brokers have reported a steady increase in the market for Buy to Let mortgages since the 90’s, with letting property becoming more popular in particular for UK investors. A surge in demand for rental property has resulted in Buy to Let mortgage brokers being keen to encourage the growth of new landlords. Buy to Let mortgage broker specialist lenders have capitalised upon this trend by offering bespoke products to brokers in order to satisfy the demand for Buy to Let mortgages by new landlords throughout the UK.
Today’s Buy to Let Market
Today’s market still features keen prices for Buy to Let mortgages. UK investors are seeing a wealth of new products being developed to meet their increasing needs, by lenders who are looking to grab a larger market share of this growing sector. These products include deals which have been specifically tailored by lenders to suit first time landlords, limited companies, properties in need of light refurbishment and Houses of Multiple Occupancy. Some Buy to Let mortgages are now being offered on deals up to 80% for both purchases and remortgages.
Choose an adviser from A Local Broker for Your Buy to Let Mortgage Needs
Choosing the right Buy to Let mortgage broker is an important part of choosing to invest in property. Our specialist advisors have access to:
- High street banks
- Building Societies
- A vast array of Buy to Let Mortgages UK specialists
Choosing the right mortgage deal has become an increasingly complex task, especially for first time buyers. With thousands of competing products and rental or lending criteria to choose from, finding the right Buy to Let mortgage broker has now become an essential part of the mortgage buying process. Here at The Mortgage Broker we have access to an expert panel of lenders who are representative of the entire lending market, so we are able to access the best buying deals on Buy to Let mortgages for you, at any time.
Get professional Buy to Let mortgages advice and rapid quotes from our expert, comprehensive panel of lenders, as well as free of charge mortgage illustrations. You have nothing to lose and everything to gain by calling us to compare deals and find out how we can help you, today.
Please note: Buy to let agreements are currently not regulated by the Financial Conduct Authority.