The general election is looming and landlords across the nation will be wondering who to vote for. With the British property market booming parties are placing a heavy focus on how to win over homeowners. Yet with all the promises and pledges being thrown around, it can be tricky to decide which way to swing. Need help? We’ve got the lowdown on who’s offering what!
British buy to let landlords have had one of the most lucrative years to date, with recent equity gains allowing them to negotiate better mortgage deals. In fact, according to the latest statistics from the Mortgage Advice Bureau’s Mortgage Search Tracker buy-to-let deposits have increased by 15% over the past 12 months. This bought the national average up to £100,000. The results are better deals for buy-to-let landlords, increased income and the opportunity to expand portfolios.