As a brand new national report reveals that buy-to-let mortgages have increased by 56 per-cent year on year, a Nottingham-based property consultancy has warned prospective landlords to use an independent mortgage broker to find the best terms for their investment.
The report, by the Council of Mortgage Lenders, revealed that the number of buy-to-let mortgages has escalated rapidly in the past year. The extent of the increase has prompted Nottingham-based PWR Lettings to advise prospective landlords to use an independent mortgage broker who is not tied to any bank or building society, in order to receive informed impartial advice on the best terms on buy-to-let mortgages.
Simon Perkins, Partner at PWR Lettings said: “The increasing demand for rental properties means it is the right time to invest. We have an experienced team of independent mortgage brokers who can impartially advise which lender is likely to offer the best terms for each client. With our help, clients can also receive finance of up to 80 per-cent of the valuation of a property.”
With further advice for landlords, Simon added: “Making the right property investment can be the difference between a straight forward, successful let, and a disappointing venture into the property world. We provide a full professional service in addition to financial advice to ensure a secure buy-to-let investment, including acquisition, refurbishment, letting and property management.”
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