Landlords seeking finance - 'gain confidence'

Landlords confidence in the availability of buy-to-let finance has hit a post crash high according to a recent survey by Paragon Mortgages.  Out of 200 landlords questioned 44% were of the opinion that mortgages to purchase a buy-to-let property were readily available.  This is up 2% on the same period in 2013.

Further evidence of the recovering mortgage market for landlords is the recent Moneyfacts survey that showed over 500 mortgage products available now compared to only 200 just after the credit crunch.

The FT also reports an up trend in buy-to-let mortgage advances. In February 2014 the volume of gross buy-to-let loans advanced increased 46% compared to 2013.

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