Landlords urged to switch mortgage funding

To this end the Edinburgh-based firm is offering to help landlords achieve this. 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.”