Interest Rate Insurance for Landlords

PROFESSIONAL LANDLORDS & BUY TO LET INVESTORS

 

Are you looking to remortgage your Buy to Let portfolio?

 

Our innovative mortgage interest rate insurance solutions are designed to control and limit your risk to interest rate movements.

 

Take advantage of our innovative service, protect your business and lock into mortgage rates that are currently at an all time low without having to remortgage your property portfolio.

 

A RateProtect Review may be suitable if:

 

  • You’re enjoying great tracker, LIBOR linked or even Standard Variable Rate deals and want to guarantee an all time low rate going forward
  • You’re stuck in negative equity or have very little equity making it very difficult to get a new fixed rate deal
  • You have or have had adverse credit or will struggle to meet minimum income levels
  • Are already up to maximum exposure levels with those lenders still accepting new business proposals

 

This is not a remortgage so:

 

  • No credit checks or scores to pass
  • No restrictions on your Loan to Value
  • No valuation anxieties

 

Points to consider:

 

  • The costs of borrowing are at an all time low.
  • Banks’ Buy To Let lending rules have moved from ultra generous to ultra conservative. The days of 90% and 85% Loan To Value are over and 75% is where we will be for the foreseeable future
  • Even the strongest of credit applications is not guaranteed success with credit scores getting ever tighter with the dwindling number of BTL lenders in the market
  • If you can get a replacement deal, interest rates bear no relation to the reversionary rates that you currently enjoy and fees are disproportionately high due to the lack of lender competition for your business

In an era where credit is tight and getting tighter and where the banks are making it more and more difficult to remortgage, the RateProtect Review Service has been designed to create mechanisms where you can:

 

  • Lock in your profit
  • Lock in your positive cashflow
  • Minimise your exposure to the threat that a steep increase in borrowing rates would have on the financial performance of your property portfolio.
  • No property related issues – HMOs, commercial and semi commercial properties are all as acceptable as standard propertiesHMOshhMO

Protection comes following payment of an upfront premium which can normally be financed over a period of time and premiums are almost certainly allowable against tax, subject to your accountant’s approval .

 

For more information, complete the enquiry form or call Geoff Cooney, our RateProtect analyst on 0800 458 3525