Property Investor Profile– Q2

The trends for the BTL mortgage sector were -

• increase in buy-to-let products available.
• increase in average loan size.
• continued popularity of Tracker products.
• drop in Average rates.
• highest rental yields for students and terraced houses.

“Average loan sizes also increased by a further £2166 during Q2, following on from the £6214
increase in the previous quarter, representing growth of 6.4% since the beginning of the year. This is mainly due to the greater number of lenders offering higher loan-to-value (LTV) mortgages and the availability of finance for Houses in Multiple Occupation (HMOs), which tend to be higher value properties.” Paul Rockett, Managing Director at Landlord Centre commented.

“Average loan sizes also increased by a further £2166 during Q2, following on from the £6214
increase in the previous quarter, representing growth of 6.4% since the beginning of the year. This is mainly due to the greater number of lenders offering higher loan-to-value (LTV) mortgages and the availability of finance for Houses in Multiple Occupation (HMOs), which tend to be higher value properties.”

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