Increase in buy-to-let business for brokers
Almost two thirds of mortgage brokers have reported a rise in the number of completed deals for buy-to-let business than during the same period last year.
According to the latest poll from Mortgage Solutions, nearly a quarter of the brokers asked had seen a large increase in their buy-to-let business during 2013, whilst a further 35% had seen a rise, albeit on a smaller scale.
Following the launch of the Help to Buy scheme and a heightened interest in the FTB market, brokers may be worried that this could now see a downturn however a spokesperson for Mortgage Solutions still believes that the demand for rental properties is high.