A free iPhone app listing all the latest buy-to-let mortgages has been downloaded by landlords and brokers nearly 1,500 times since launching in September.
The Buy To Let app was developed by specialist lender Mortgages for Business.
Managing director David Whittaker said: “The number of downloads confirms our research which showed that landlords were looking for a quick and easy way to access buy-to-let mortgage rates on the go.
“From the feedback we have received so far, it seems that landlords find the app useful when they are out and about looking at potential property purchases.
“In particular they like the fact that the app allows them to play with a number of different financial and property variables to work out the most suitable funding solution.”
In addition to the rate finder, the app contains a portfolio manager which allows landlords to keep a detailed record of their properties, set mortgage review reminders and link to the best remortgage rates for each property.
The app is available for download free from the App Store: simply search for Buy To Let.
There is also a demonstration here: http://www.youtube.com/watch?v=UYKsa5vv-F8
And here: http://www.youtube.com/watch?v=8GQ-C5gGBy4