Craig McKinlay, sales and marketing director at Kensington, said: “We've seen our buy-to-let business volumes down generally but we're reviewing our product range now to keep pace because there's been so many changes in the last six months."
The number of prospective tenants registered per member branch rose by 8% in March, ARLA Propertymark’s March Private Rented Sector report found.
Rents in the East Midlands grew by 3.2% this year, faster than anywhere else in England and Wales in the year to March 2018, the Your Move Rental Tracker found.
Paragon’s PRS Trends research found this contrasts with non-portfolio landlords, where a majority (67%) said that there had been no change in lender choice.
From tomorrow Accord Buy To Let will reduce rates on selected two and 5-year fixed rate mortgages at 75% loan-to-value by up to 0.15%.
The fix is available through key packager partners and is 3.34%.
On average, those who pay more rent per month are also more likely to consider a building’s environmental credentials important.
SimplyBiz members now have access to commercial and semi-commercial lending, buy-to-let and HMO, and bridging loans.
Available immediately, the two new tiers (standard level 2 and 3 ranges) mean the bank will now consider customers if they have: CCJs or defaults registered over six months and bankruptcy or IVA discharged for two years.
And while prices for February in England and Wales rose by just 0.1% month-on-month, in Scotland they were up 2.3%.