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TODAY'S OTHER NEWS

New online BTL comparison site launched

An online comparison site has been launched by Buy-to-Let Direct with a view to helping landlords make the right decisions when it comes to mortgages. 

The online search tool is dedicated to buy-to-let mortgages and has a built-in rental calculator and several filters including tax rate bracket, portfolio size, tenant type, and limited company status.

With access to over 95% of the buy-to-let products available in the UK, including many specialist lenders and products that are not available on the high street, Buy-to-Let Direct offers a whole of market service, including products for houses in multiple occupation, limited companies and multi-unit blocks.

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Jane Simpson, managing director at Buy-to-Let Direct, commented: “The buy-to-let mortgage market is increasingly complex following the swathe of regulatory and tax changes, so finding the right product can be mind boggling.

“We believe there is a gap in the market for a totally transparent comparison tool that gives landlords access to information they would normally only be able to find out via a mortgage broker.

“A lot of landlords are tech-savvy and like to research information about financial products directly then undertake their own analysis of the options available.

“Buy-to-Let Direct provides this facility to landlords with the added support of a team of buy-to-let experts on hand to help them throughout their decision-making process.

“Our Mortgage Finder is unique in the marketplace and takes account of pertinent data such as tax status and portfolio size to provide personalised results.”

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