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Monday, April 18, 2016

Day One BTL Remortgages - why wait?

Day One Buy-to-let Remortgages - available for landlords

In the run up to the buy-to-let stamp duty changes on 1st April, some landlords have recently purchased buy-to-let properties either with cash or using short term bridging finance in order to avoid the levy increase. 

If you are in this position, you may now be looking to refinance your property.

Many lenders will only consider offering remortgage products once the property has been owned for six months, however there is a choice of lenders who will consider offering a remortgage immediately. These could be an excellent option for you and save you money, especially if you currently have costly bridging finance in place.

BTL Lenders who offer Day One Remortgages -
  • Aldermore
  • Axis Bank
  • Fleet Mortgages
  • Foundation Home Loans
  • Kent Reliance
  • Mortgage Trust
  • Paragon Mortgages
  • Shawbrook Bank
  • Virgin Money

If you would like to discuss your buy-to-let mortgage requirements please contact us and we will be happy to help.
Tel: 029 2069 5446

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