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NLA launches tax-filtering mortgage sourcing system


NLA launches tax-filtering mortgage sourcing system

The National Landlord Association (NLA) has created an online sourcing system to enable landlords to find the most suitable mortgages based on their tax status.

The free online tool is accessible using the NLA website and filters mortgage products based on whether the client is a basic rate taxpayer or higher/additional rate taxpayer.

Jane Simpson of NLA Mortgages said: “NLA Mortgages is dedicated to helping landlords source the most suitable buy-to-let mortgages and we are pleased to launch our enhanced buy-to-let sourcing system, which we believe will be of great benefit to our clients.

“We are also aware that with the new tax regime and PRA [Prudential Regulation Authority] regulations coming into effect, the buy-to-let mortgage market is now more complex than it has ever been and we are keen to take action to help our landlord clients navigate this new landscape.

“Our enhanced sourcing system allows landlords to select their tax status upfront and see an instant list of the lenders and products that are available.

“It is unique in the marketplace and has been designed specifically to help landlords source suitable buy-to-let products to meet their individual needs.”

The NLA is a representative trade body of 65,000 members and associates that seeks to create a fair legal and regulatory environment for landlords and tenants.





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