Published 27 November 2019 · Last reviewed 27 November 2019 · Older article — see current rates
Looking for a high street mortgage rate for buy to let properties as a portfolio landlord.
On the face of it, this challenge sounds straight forward however the reality is many of the best priced mortgage products are available exclusively for landlords with a maximum of four mortgaged properties.
However, I know of a major UK bank that allows these cutting edge products and bypasses their own surface facing rules in the case of a straight balance swap.
That’s right you could have dozens of mortgaged buy to lets and provided you are not looking to capital raise they will take your business on the same attractive terms as if you were a first time landlord.
Furthermore, they will take five of them and incredibly on the same application form.
If you are a portfolio landlord looking to keep your mortgage costs down why not get in touch as we may have a really good solution for you.
Most buy-to-let mortgages are not regulated by the Financial Conduct Authority. A small number of buy-to-let mortgages are FCA-regulated โ typically Consumer Buy-to-Let (where the borrower is not acting in the course of a business, such as an accidental landlord who has inherited or moved out of a former main residence) and Family Buy-to-Let (where the property is let to an immediate family member). Limited-company buy-to-let, portfolio buy-to-let and standard personal-name buy-to-let are not regulated by the FCA.
Where the underlying mortgage is not FCA-regulated, the lender's conduct on that loan is not covered by FCA rules and you may have reduced access to the Financial Ombudsman Service for complaints about the lending decision or product terms. However, Niche Advice Limited is a Credit Broker authorised and regulated by the Financial Conduct Authority (FCA No: 750263), and our broking activity โ including the introduction we make to the lender โ IS FCA-regulated under the FCA's CONC rules. Complaints about our broking service can therefore be referred to the Financial Ombudsman Service in the usual way.



