Property Master has launched the UK’s first digital buy-to-let mortgage brokerage service.
Property Master has launched the UK’s first digital buy-to-let mortgage brokerage service.
Property Master will allow landlords to find, compare and secure the best mortgage deals available for their buy-to-let portfolio, saving them up to £3,000 per BTL mortgage.
Property Master enables the UK’s 2 million private landlords to take control of their portfolio financing online for the first time by dynamically matching their funding requirements using Property Master’s unique platform of buy-to-let mortgages and lending criteria.
Property Master uses a unique database and sophisticated search algorithms that have been specifically designed to meet the needs of buy-to-let landlords. As a result, landlords can now conduct simple “what if” searches to find and apply for a mortgage online with a single click, potentially saving up themselves up to £3,000 per BTL mortgage.
The launch comes at an interesting time in the evolution of “proptech” (innovative online property technology), following the success of online brokers Trussle and Habito in the residential mortgage market and online estate agents such as Purple Bricks. Success stories like these have revolutionised previously traditional markets.
Angus Stewart, CEO of Property Master, said: “Landlords have had a raw deal in the past year or so due to tax hikes and regulatory pressure – Property Master is here to put the buzz back into buy-to- let. Property investors tend to assume they are getting a good deal, but actually they are paying as much as £3,000 a year more than they need to on each property.”
“Taking control of financing is essential for landlords, as the government continues to put a tighter squeeze on tax relief and other allowances. Having the right mortgage deal in place, and taking the time to think through the overall portfolio finance, can make all the difference to a landlord’s financial return. With such important benefits on offer, there is a clear need for an easy-to-use but sophisticated online service that puts landlords in control.”
More information to be found at www.property-master.com
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