Over 950 different buy to let mortgage products now available

Over 950 different buy to let mortgage products now available


Todays other news
RICS has been embroiled in controversies in recent years....
Many agents remain uncertain about where they stand...
The companies are Street Group and Goodlord...
Rent rises put down to ‘station surge’...
Reposit will now be offered to residents at 12 Build...


The number of buy to let mortgage products has leapt to 953 – an 11 per cent increase in the past three months. 

Mortgages for Business, which has conducted the survey of products, says this compares to just 707 different buy to let mortgages a year ago. 

In its survey of the wider BTL landscape, Mortgages for Business says yields for HMO landlords have performed well – they remain at 9.0 per cent despite a small dip in recent months. 

Stand-alone buy to let properties already offer the lowest gross yield to landlords, however, and in the past three months this has dropped a further 0.8 percentage points to 5.0 per cent. 

The yield on multi-unit freehold blocks have dropped in recent months too, and is now at 6.1 per cent. A year ago, the figure was 8.6 per cent. 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
RICS has been embroiled in controversies in recent years....
There was a 5% increase in market supply in April,...
Richard Donnell is a leading lettings market analyst...
The research is from retailer TK Maxx...
It now progresses to the so-called Report Stage....
The BoE has come to a decision on interest rates...
The House of Lords committee stage now continues until May...
Recommended for you
Latest Features
RICS has been embroiled in controversies in recent years....
Many agents remain uncertain about where they stand...
The companies are Street Group and Goodlord...
Sponsored Content
With less than a month to go until the UK...
The UK government has implemented 16 financial sanctions rule changes...
The owners of the Rentman software application (for property Lettings...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here