Buy-to-let mortgages

The rapid growth in popularity of buy-to-let in recent years, fuelled in part by the failings of the pensions industry, has not just fed the stereotype that Brits are obsessed with property, but it has also provided plenty of business for estate and letting agents, not to mention property management companies, conveyancers, mortgage brokers, among others.

The volume of BTL mortgages increased by 3% last year compared with figures for 2015, according to data released by the Council of Mortgage Lenders (CML). The total value of BTL loans in 2016 also rose by 7% year-on-year.

The opportunities and challenges for the BTL market as follows:

• Competitive mortgage market
• Lucrative rates
• Swap rates
• Interest rates
• BoE’s clampdown on BTL mortgages
• Next round of PRA changes
• Corporate structure
• Bridging the gap
• Cash is king