Loan-to-value (LTV) rates are becoming more affordable and accessible to landlords as buy-to-let mortgage lenders are decreasing the LTV rates, according to Tenant Direct.

The Mortgage Works, the Cooperative Bank Group’s Platform branch, the Nottingham Building Society and the Coventry Building Society have all either decreased their buy-to-let fees or have increased how much landlords may take up as a loan for each property. Nottingham Building Society has increased their LTV amount up to 75%, representing a 5% rise from the previous sum and The Mortgage Works has increased its buy-to-let LTV to 80%.

As landlords have been restricted from purchasing new properties by the restrictions in lending with these apparent changes more rental properties should be coming onto the letting market, according to Tenant Direct.