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NLA launches buy-to-let service

The National Landlords Association has launched a free service that enables landlords to source a range of buy-to-let mortgage products from a panel of lenders.

The NLA says the service, NLA Mortgages, has access to products which may not be available in the general marketplace.

NLA members will receive a minimum 0.25 per cent of the loan advance as a cashback upon completion for every mortgage placed through the service.

NLA chairman David Salusbury says: “With around 80 per cent of NLA members either expecting to expand their lettings portfolio or maintain current levels over the next few years, this is an ideal time to have a dedicated sourcing and quotation system where they can search for the buy-to-let mortgage products which suit their individual circumstances.”

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