Landlords urged to switch and save on mortgage funding

An innovative new service that sources affordable mortgage funding for landlords has been launched through Braemore Property Services.

Related topics:  Specialist Lending
Millie Dyson
16th June 2011
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The Edinburgh-based firm predicts that prospective and existing landlords could save hundreds of pounds by switching to a better deal and wants to help them achieve this.

Simply by visiting the website or calling 0845 1489073 landlords will be offered free advice by industry experts on how they can improve the return on their investment.

Braemore managing director, Karel Broughton, said:

“With some lenders withdrawing services for landlords, finding alternatives without being forced to sell your property is currently extremely difficult.

“Realising this we have developed, in association with our sister company Lomond Mortgages, a great solution that can find finance for a variety of projects from large-scale residential developments to small renovations.

“This gives Braemore access to the whole market, including limited distribution lenders not available on the high street, thus offering a much wider of source of mortgage and remortgage funding for landlords at a time when such mortgage funding is in such short supply.”

The no obligation service is not limited to traditional family homes. Affordable finance is also available for:

- Houses in Multiple Occupation (HMO)

- Multi-unit blocks under a single freehold

- Flats above commercial premises

- Bedsits

- Studios and live-work spaces

Broughton added:

“We are committed to this sector and those hard pushed professionals working in it. So whether someone is looking to refinance an existing property or portfolio, has a fixed rate deal due to expire, or is thinking of adding to their portfolio by contacting us they can be confident that we will do everything to find them the best deal on the market.

Braemore is running a series of seminars to help landlords maximise rental returns

The first takes place at Edinburgh's Marriot Hotel, Glasgow Road at 7pm on 21 June and followed up with a breakfast briefing from 8am to 11am the next day.

Topics covered will include how to reduce the void and bad debt levels; how to minimise bad tenant risk and expense and minimising cost and interest payments.

To book a place on this free seminar, or for Further information, please contact Harry Crombie on 07823 320187 and 0131 5256621 or contact harry@braemore.co.uk.
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