Mortgage Express: The Buy to Let Leader
Mortgage Express is committed to meeting the needs of estate investors throughout the UK. That's how the firm earned the distinction of being named the largest UK buy to let lender in 2007. According to the Council of Mortgage Lenders, Mortgage Express leads all other lenders in the UK's buy to let market sector in terms of both gross advances and outstanding balances.
The company offers a number of benefits to investors seeking landlord mortgages, as evidenced by the sheer volume of buy to let financing agreements Mortgage Express writes in this sector of the UK home loan market. One of the main reasons investors seek the assistance of Mortgage Express time and time again is the fact that the lender ties its rates to the base rate as established by the Bank of England. Borrowers don't have to worry about how fluctuations might impact their repayment terms, because the company doesn't apply lending charges that exceed those established in accordance with the Bank of England.
Mortgage Express is pleased to work with individual investors and limited companies, and also offers products for which expatriates and other overseas borrowers may be eligible. The company offers traditional 85 percent loan to value financing for rental properties, and also offers an extended criteria buy to let product that allows 90 percent loan to value financing up to a maximum of £450,000. There is no limit on the number of properties and investor may finance through mortgage express, provided the total outstanding balance doesn't exceed £5 million, which is the company's typical loan limit.
Enjoy B2L Magazine From Mortgage Express
