Brokers benefit from BTL boom
Buy-to-Let activity accounted for nearly a quarter of all broker’s business in 2011, according to recent figures from the Financial Advisor Confidence Tracker survey.
BTL business increased by 4 per cent year-on-year, up from 19.3 per cent to 23.3 per cent, with more than a third of brokers enjoying an increase in the market share in 2011. There is now an overwhelming optimism within the market with many expecting a further increase in activity in the coming months.
The increase has been partly credited to existing landlords expanding their property portfolios but also capitalising on growing competition amongst lenders to lock in a low rate remortgage.
With activity reaching exciting levels, there is no better time than to take advantage of our remortgage deal. Landlords can not only benefit from these lower mortgage rates but also from our £299 remortgage fee which is available on buy-to-let properties.
Content correct at time of publication