Buy to Let Progress: A year on from changes to portfolio landlords

One year on since tougher rules were introduced for landlords who own four or more buy to let properties by Prudential Regulation Authority (PRA). The intention was to improve business standards and encourage responsible lending

These changes have led to few landlords leaving the market but at the same time these changes have created more professional category. It appears that landlords with multiple properties are looking to invest in either Houses in Multiple Occupation (HMOs) or semi-commercial properties

Many mainstream providers are reluctant to lend when cases are complex, but lenders like Together are in a great position to fill this gap. Having a reputation for their common-sense lending and been recognized as a leading provider in buy to let sector quoted by Daniel Owen-Parr from Together

You can read the full article published in Property Reporter

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