Good tenants are a valuable asset. As properties get older and maintenance costs increase, the first action can be to increase their rent.
At trufe. we work with our landlords to offer an alternative by reducing monthly buy to let mortgage payments by arranging a remortgage on the property.
As with any business venture it is important to keep on top of your costs and ensure you are not over paying. At trufe. we will take a look at your current buy to let mortgage and advise you on the options that are available and if we believe moving mortgage will save you money.
We will also review your current supplier as it may be worthwhile staying with them, but on a different deal. If this is the case, we will manage the whole process on your behalf completely free of charge.
"You can save £££ every month by ensuring you are don't fall into your mortgage companies end of term standard variable rate mortgage"
The most obvious reason to remortgage is to reduce your monthly payments by securing the lowest buy to let mortgage rates available to you. Even if interest rates or your situation may not have changed, there are many factors that can still mean that exploring the whole market can deliver a better product.
A common example is that an applicants property value has increased, changing their loan to value ratio, which opens more favourable interest rates. Being able to reduce the loan amount can help with optimising the return on a long term investment.
As your property gets older, it is increasingly likely that whole rooms such as Kitchens and Bathrooms may need to be replaced to keep the property attracting quality tenants.
Reducing the equity in your mortgage and spreading the cost of these works across the life of your mortgage can be an attractive way to ensure these improvements are carried out.
No matter what your financial situation we look to save you money every month with great deals that maximise your strengths with the very best providers in the market.
Make sure your property investments are performing and delivering the best possible returns. Speak to our specialist team to discover how we can help find the perfect buy to let mortgage product.
We are real people who understand the industry and the details of each product, enabling us to secure the best mortgages for our domestic mortgage customers and landlords.
Start a Quick & Easy Review with one of our expert Mortgage & Protection Advisors