Buy to Let Mortgages
Low interest rates in recent years have made Buy to Let mortgages more affordable and a strong rental market has made this type of investment attractive compared to more conventional types of investments. Investors are frequently adding property ownership into their investment portfolio either to diversify their investments or to supplement their pension income. Buying property to let has become increasingly popular to the UK investor.
From the mid 90's there has been a rapid growth in the property market leading to a surge in demand for rental property. Mortgage Lenders have been keen to encourage new amateur landlords. Since 1997 The Council of Mortgage Lenders has collected statistics on buy to let and has reported that the apparent growth in buy to let mortgage lending is attributable to the success of broker led specialist lenders. Specialist lenders have been offering bespoke products to mortgage brokers in order to satisfy the buy to let demand.
Today's Market
Buy to Let Mortgages or Buy to Let Re mortgages remain keenly priced in today's market. This market place is fiercely competitive and new products are always being developed to cater for investors and to grab market share by the lenders. Some Buy to Let Mortgage companies are offering 90% Buy to Let Mortgages and in some cases 90% Buy to Let Mortgages with no minimum rental income.
Here at The Mortgage Broker Ltd our specialist team of buy to let mortgage advisers not only have access to the high street banks and building societies but also a vast array of UK specialist buy to let mortgage lenders. With 1000's of competing products to choose from and each lender having different rental and lending criteria, choosing the right mortgage has become a complex task making the role of the Buy to Let Broker an essential step in finding the best deals available.
Our professional advice, quotes from our whole of market panel and mortgage illustrations are completely free so you have nothing to lose and everything to gain by calling us to see what we have to offer.
"Everything was perfect. Quick, efficient services. All the staff were very pleasant. Many thanks."
Mr Dundee & Miss Fraser, Westhill
