Mortgage intermediaries remain most popular choice for buy-to-let investors
There has been a 6% increase in the number or landlords who prefer to secure buy-to-let finance through an intermediary, according to research by Paragon Mortgages.
The lender’s Private Rented Sector Trends Survey, highlights that more than a third (36%) of landlords in Q4 preferred to secure finance through a broker.
In comparison 23% of landlords sourced finance directly from lenders and 23% secured mortgages through a mixture of intermediaries and lenders.
John Heron, managing director of Paragon Mortgages, said: “Although the market has seen strong growth this year many landlords remain cautious particularly in view of interest rate expectations.
“Landlords, especially those newer to the market, recognise the benefits of using a trusted, experienced and knowledgeable broker to help source their finance. Brokers have always been key to the buy-to-let mortgage market and will continue to be, going by this research, for as far ahead as we can see.”
If you would like help to secure a buy-to-let mortgage, call Trinity on 020 7016 0790.
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