A new study shows that over three quarters of landlords still believe that banks are not doing enough to support buy to let landlords.
The study of 500 landlords earlier this month by online agent PropertyLetByUs claims that just 17 per cent feel they are getting enough support from lenders and one in 10 landlords faces problems securing a BTL mortgage.
The research also reveals that 87 per cent of landlords believe fees for BTL loans are too high.
Landlords need to be cautious with mortgage fees .... especially if landlords are only fixing, or tracking for a short deal period. The biggest fees are typically those charged as a percentage of the loan, but even flat fees can run to £2,000 says PropertyLetByUs managing director Jane Morris.
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