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Buy to Let Lending: Investors Get Answers

At the recent Property Investor Show in October, Shawbook Bank hosted a live Q &A session, giving attending property investors the chance to ask a panel of finance experts some direct questions about the buy-to-let (BTL) market and current lending options

The panel included Stephen Johnson, MD of Commercial Mortgages at Shawbrook, alongside Karen Bennett, sales & marketing director of Commercial Mortgages, Robert Bryant-Pearson at Appraisers UK Ltd and Ying Tan, founder and director at The Buy to Let Business - a mortgage brokerage. The session at the show was really well attended and we thought it would be useful for those who were unable to attend the session to provide an insight into what was discussed at the show with the session attendees. Questions were taken openly from the floor and some of the panels responses are outlined below.

Q. Do banks really want to lend?
A. The first thing to consider in answering this question is what exactly is meant by 'banks'. If you are thinking of the larger high street banks then 'yes' they ARE lending - they publish their lending figures to validate this. However, whether this lending extends across all market segments can be more contentious. There are other more Specialist Banks and Building Societies that are also lending, and ultimately it's about working with a financial professional to help you find what options are available to you. The BTL market in particular is expanding at the moment and there is no shortage of money to lend. There has been a lot of change in the market in recent years but things are starting to get back on track.

Q. Will the BTL market continue to grow?

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