More mortgages available to first-time landlords

by Aaron Strutt

Oct 12 2019

First-time landlords looking for a buy-to-let mortgage have more choice than ever before.

Research from Moneyfacts.co.uk shows there are currently 1,474 buy-to-let mortgages available to first-time landlords, an increase of 297 in the last 12 months.

Rachel Springall, of Moneyfacts.co.uk, said: “It’s encouraging that first-time landlords have a huge choice of deals right now, but they will need to keep a close eye on their projected profit margins, especially as tax relief on mortgage interest will be scrapped in April 2020.

“As it is a mere few months until tax reliefs are scrapped, it’s vital consumers seek independent advice to work out whether buy-to-let is a viable investment opportunity for them and to be made aware of upcoming changes facing the market.”

Call Trinty Financial on 020 7016 0790 to secure a buy-to-let mortgage