The growing demand for holiday lets by investors has been met by a more accommodating approach from lenders.
Short-term lenders can fill the gap where mainstream lending is simply not available.
You only need to type ‘buy-to-let’ and see that one of the first news articles online is questioning whether the market is ‘dead.’
The conundrum most clients want the answer to is ‘how much can I borrow?’
There continues to be huge opportunities for developers to meet the increasing demand for housing.
Human underwriters look at the customer’s full financial situation rather than simply using a credit score.
The private rented sector as a whole has doubled since 2000, and now accounts for one fifth of all homes in Great Britain.
Mortgage applications are tough - even more so for the self-employed.
Whilst relaxing planning rules and more funding are crucial to increasing housing supply, the problems don’t end there.
It is essential to find the best solutions to have a successful future.