According to The Mortgage Alliance, TMA, nearly half of their membership is experiencing growth in the number of buy to let enquiries.
The Mortgage Alliance is a mortgage club servicing the needs of nearly 3,500 directly authorised mortgage intermediaries selling mortgage products and services.
TMA attributes the growth to a renewed confidence in the BTL sector. With 47% of their members reporting significant growth and 33% reporting some growth, they feel it’s the emergence of specialist lenders in the BTL sector that is providing a foundation for confidence.
With a housing market that is still difficult to access for many, private rental is continuing to feel high demand and this is why opportunities for BTL landlords are seeing growth again.