However, we believe that now the market has adjusted to these changes there are plenty of growth opportunities available in the buy-to-let market in the year ahead.
From our perspective as a bank that provides specialist mortgages via brokers, the buy-to-let market remains strong for both purchase and refinance business. Investing in bricks and mortar remains an attractive option for many, with professional landlords continuing to grow their property portfolios.
At Hampshire Trust Bank, we are committed to the buy-to-let market and in further improving and enhancing the service and the products we provide to brokers.
To help our intermediaries partners make the most of opportunities in the buy-to-let space we have launched a new remortgage BTL and HMO deal. This follows hot on the heels of our recent fee incentive on our residential short term lending product. We have more plans in the pipeline to help brokers maximise on opportunities as and when they arise.
The UK is in the midst of a housing crisis with the private rental sector playing an important role in boosting housing supply. We are looking forward to helping our brokers make the most of these opportunities as the year progresses.
Please do not hesitate to contact our Commercial Mortgages team to find out more.
Mark Sismey-Durrant
Chief Executive Officer