What Does The Mortgage Market Look Like In 2017?

What does the mortgage market look like in 2017

In 2017 rates on buy-to-let mortgages have hit a historic low and are now comparable to residential mortgages. But, going fixed rate is advisable as, in uncertain times, there is a lot to be said for paying more for some certainty.

Property Expert Series: Richard Ignatowicz From Mortgage Savers

Buy-To-Let Mortgages In 2017

Amy: So, can you tell me, Richard, about any kind of special products that are out in the marketplace at the moment? Is there anything unusual and what are the rate’s like? Can you give us an overview of mortgages today?

Richard: Rates are at historical lows at the moment. So, I’m recommending that anybody all buy-to-let landlord have a review with their broker or financial adviser.

You can get buy-to-let rates at under 2 percent. This is similar to residential domestic mortgages and is very unusual.

Also, with the uncertainties coming along in the future, landlords should potentially consider longer-term fixed-rate mortgages, say five years.

The rates on these products are more expensive but it buys you some certainty in these uncertain times.

Join Our FREE Property Training Course Today

Sign up for our free online property training course today.

In there we cover a range of different property strategies to help you get started on building a long-term property portfolio or creating a cash flowing property business.

We also look at ways to increase your return on investment with any of the properties you may be considering and we also have a couple of cheat sheets and downloadable documents in there as well.

Just click the image below to join our free training course today.

Any Questions?

If you have any questions or thoughts about mortgages in 2017 then leave them in the comments section below.

Alternatively, you can get in touch via our Facebook page.

We’d love to hear from you and as always we’re happy to help.

Related Posts:

Introducing Richard Ignatowicz From Mortgage Savers The first in a series on buy to let mortgages with Richard Ignatowicz From Mortgage Savers. Richard is an independent mortgage adviser with a difference in that he is also a buy to let landlord and pr...
An Introduction To Specialist Mortgages for Property Investors Today Amy and Richard look at mortgage products for property investors and at what the biggest trends are in the property investment industry when it comes to financing. HMOs are, of course, very popu...
What Is Section 24 And What Does It Mean For Buy-To-Let? Unfortunately, Section 24 is going to make a lot of buy-to-let landlords a lot poorer but it isn't going to affect everyone equally. Today, Amy and Richard look at what kind of investor is most likely...
Do Landlords Need To Set Up A Buy To Let Limited Company? Recently, there has been a lot of talk amongst property investors and landlords about incorporation and about whether or not incorporating a buy to let limited company is the best way to offset the fi...
What Is A Special Purpose Vehicle (SPV)? With the introduction of Section 24, property investors are exploring ways to limit their tax liability. One way to do this is to form a limited company for buy to let. This solution won't make financ...

Leave a Reply