Buy to let mortgage advice in demand

Landlord Expert
By Landlord Expert April 23, 2010 10:33

Price comparison website unbiased.com said that people requesting information on buy-to-let mortgages accounted for 14 per cent of all mortgage advice requests in March.

Only first-time buyer (40 per cent), remortgage (28 per cent) and residential mortgage (23 per cent) information proved more popular, leaving buy-to-let mortgage advice fourth on a list of ten guidance sections.

Karen Barrett, chief executive of unbiased.co.uk, said the popularity of first-time buyer advice could be attributed to the recent doubling of the stamp duty threshold for those purchasing their first property, which means there has never been a greater incentive for them to purchase a property.

"It is essential that both first-time buyers and those looking to remortgage seek professional advice to ensure they are making the best decisions for their individual circumstances," she said.

Landlord Expert
By Landlord Expert April 23, 2010 10:33

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