New Buy to Let underwriting rules have been introduced since the 1st January 2017 with further underwriting rules for portfolio landlords taking effect from the 30th September 2017.
The rules may impact on the amount you could raise on a Buy to Let property, both for purchases and remortgages. With over 60% of Buy to Let lending in the UK being for remortgages, it is important that you assess all options available prior to the end of your current product period.
RLA Mortgages provides a free service to RLA members whereby they will assess your current product, the options available from your current lender and then compare the product offered by the lender against the whole of market, providing you with research results and a recommendation that best suits your needs.
For further information, contact RLA Mortgages
T: 0844 858 4420
Please note lenders have different minimum criteria requirements and not all landlords and property types will qualify for this specific product. For further information contact RLA Mortgages.
This is a financial promotion and in no way should it be viewed as a personal recommendation or advice. Before a recommendation/advice can be given you should seek independant mortgage or financial advice.
RLA Mortgages is operated exclusively for the RLA by 3mc, which is authorised and regulated by the Financial Conduct Authority. FCA No. 302992. ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Although the FCA regulate the way the majority of mortgages are sold, in most cases they do not regulate buy to let mortgages. This means you may have less protection if things go wrong with a buy-to-let mortgage. All calls are recorded for training and monitoring purposes.