The buy-to-let sector has grown significantly in recent years and many landlords are looking to expand their property portfolios.
It can be difficult for landlords who have a large number of properties to keep track of all their mortgage rates and this can often lead to unnecessary monthly interest costs.
Trinity can often advise that you can switch to a lower rate. We can also tell you if you can release equity in order to buy more flats or houses.
Landlords struggling to secure mortgages can be introduced to more helpful banks or building societies which are often happier to lend.
Deposits and arrangement fees
Competition has returned to the buy-to-let mortgage market as lenders increase the number of mortgages they offer in this sector.
The size of your deposit will determine the rate you pay, although landlords typically need a 40% deposit to access the lowest mortgages. A 25% deposit will still get you access to a competitively priced rate.
Not all of the banks and building societies charge percentage-based arrangement fees, so Trinity can arrange the most cost effective mortgage. Incentives offered when re-mortgaging can also help to minimise the cost of refinancing.
Call Trinity on 020 7016 0790 and speak to a buy-to-let specialist.