Recent data from mortgage criteria software provider Knowledge Bank, clearly demonstrates the high interest in the buy-to-let market from first-time landlord clients lately. In February, the most searched criteria by buy-to-let brokers was ‘first-time landlords.’
A trend set to continue?
Matthew Corker, Knowledge Bank Operations Director, commented on the findings, “The rental market in the UK is receiving a lot of interest at the moment. Perhaps as a result of the volatility in the stock market due to the pandemic, investors are turning to what they see as a safe investment. With house prices increasing in the past year and interest in rental properties also on the increase, this trend could be set to continue.”
Your property may be repossessed if you do not keep up repayments on your mortgage.
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