The gap between supply of new property listings coming onto the market and demand from those looking to buy was at its widest for more than seven years in May, as the rush to beat the end of the stamp duty holiday continues, according to the latest index from the Royal Institution of Chartered Surveyors.
This buoyant property market has meant there are many investors competing for the same property and with the rise in house prices across the UK, it is now more important than ever that your mortgage suits your business investment goals and circumstances.
Lenders are continuously releasing new mortgage products, with new data from Moneyfacts indicating the average buy to let mortgage rate for two and five-year fixes have fallen to their lowest level since January 2021.
What does this mean for you?
Our award-winning team are renowned for their expertise on buy to let property, they’ll be able to guide you on your next purchase, taking into consideration your return on investment and ensuring you have access to the most competitive mortgage product available. With new remortgage products coming to market all the time, this is a great opportunity to assess your overall portfolio, we may be able to reduce your monthly outgoings or release untapped capital.
Get in touch with our senior mortgage broker Danny O’Keeffe on 0208 364 3444 or use the request a call back tab below to arrange a time to discuss your options.