Mortgage News
ARLA unveils buy-to-let mortgage offering
The Association of Rental Lettings Agents (ARLA) has launched ARLA Mortgages – a free online comparison website designed for member agents to host specifically for landlords and the buy-to-let market.
Consumers will be able to enter their details and needs on the site and be matched with the best mortgage option for their financial situation.
ARLA said the offering will enhance the services available from its members, who will be able to assist with concerns around the suitability of a property.
The service is run with sister products NAEA Mortgages for residential purchases and ICBA Mortgages for the commercial property sector.
Ian Potter, operations manager at ARLA, said: “We have had a wealth of requests from our members to offer this comparison service. A healthy private rented sector is vital to the success of the housing industry and for potential landlords, being able to secure the best mortgage is key to becoming a profitable landlord. This should have the benefit of assisting the landlord and, at the same time, providing tenants with a better choice in the marketplace.”
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