Greater choice for buy to let mortgages
Over the last 12 months, we’ve seen the number of buy to let lenders increase to limited companies as landlords have altered their tax status in order to combat the government’s 2015 tax changes.
With more than 20 lenders currently offering buy to let mortgages to limited companies, there are currently over 600 products available for landlords to choose from.
These buy to let mortgages to limited company’s have become increasingly popular since the government introduced changes in income tax relief on landlords’ finance costs in July 2015.
City Mortgage Solutions Managing Director, Paul Clark commented, “With the government tax changes significantly impacting landlords since their introduction in 2015, there has been a significant movement towards these new limited company structures and lenders are beginning to provide competitive deals to cater for this market.”
As an award-winning independent mortgage adviser, City Mortgage Solutions have access to a wide range of industry leading deals, enabling us to find the best solution to suit your circumstances.
There are currently some very attractive deals for landlords looking to secure a fixed rate buy to let mortgage. Contact us today to make an appointment with one of our experienced mortgage brokers, and benefit from independent mortgage advice, designed to secure you the best deal.