Saving
Not only can you access highly competitive rates (some of which are not available
in the general marketplace ), for every mortgage placed via NLA Mortgages you
will receive a financial benefit.
Only NLA members qualify for the saving.
You can join the NLA from as little as £88.
Where does the saving come from?
There are generally two ways a landlord can obtain a buy-to-let mortgage - either by going direct to the lender or by using the services of a broker. In both instances, there is a cost to the lender in placing the mortgage.
If you deal direct with the lender they have their own overheads. If you use a broker, the lender pays the broker a fee,
commonly 0.50% of the loan. Either way there is no impact on the cost of the mortgage to the landlord because the interest rate and fees are the same.
NLA Mortgages is rebating part of this fee to its members.
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