This year has seen a huge increase of buy-to-let mortgage deals on offer with lenders seeing this type of lending to be their largest growth area. Our advisers report that new products are coming onto the market on a daily basis which can only mean good news for the borrower. One of our regular clients commented “it is more important than ever before to get professional advice as it is almost impossible to keep pace with all the changes”. The buy-to-let market is without doubt a very profitable area of investment but it is vital to get the correct mortgage deal to keep pace with market conditions. The smart landlord will always be looking to manage his or her portfolio and this includes reviewing all mortgage deals on a very regular basis. To maximise profitability the mortgage can be the vital component which makes the portfolio profitable or not. Rental Properties in high demand Landlords are always looking to expand their portfolios as properties are in very high demand nationwide. London and the South East have the highest demand with the Midlands surprisingly now a very close second. One landlord commented “property for rent is in high demand but make no mistake it has to be in good condition”. Another factor that agents are highlighting is important is the location of the property not being too far from the centre of activity. Can we help? If you would like assistance with your buy-to-let mortgage please do give one of our expert advisers a call. We have years of experience and look forward to being of assistance to you.
