The Times - Why it’s boom time for landlord borrowers
Despite a tax offensive against buy-to-let, mortgage lenders have never been more keen to attract investor customers.
Jessie Hewitson highlights the dip in demand for buy-to-let mortgages and the continuing political uncertainty over Brexit has triggered rock-bottom interest rates for landlords.
Aaron Strutt of Trinity Financial told The Times: “The biggest lenders are facing competition from challenger banks and building societies, the supermarkets are offering rock-bottom buy-to-let rates with cheap fees and because they are so actively targeting landlords they are driving down pricing.”