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Mortgage intermediaries are increasingly optimistic about the prospects for the buy-to-let and new build markets, according to new research conducted by NatWest Intermediary Solutions.

It found that 58% of mortgage brokers had seen an increase in buy-to-let business in the last three months, with only one in 20 saying that they had seen a drop.

Just over a quarter said business had remained static, according to the survey of more than 500 mortgage intermediaries.

It appears that the market still has room to grow with 54% of brokers expecting to do more buy-to-let business than the last six months, with only 4% expecting to do less.

One third are forecasting that their buy-to-let business will remain stable.

And 57% of brokers were optimistic about the prospects for the newbuild sector this year, although 25% declared themselves pessimistic.

Graham Felstead, head of NatWest Intermediary Solutions said: "The buy-to-let and new build sectors have both been touted as growth areas for 2015 and this sentiment has been echoed by the optimism shown by brokers in our survey.

"We have an appetite to grow our presence in both of these areas of the mortgage market, and have recently refreshed our new-build proposition to offer a more attractive approach to builder's incentives.

"The buy-to-let market is one where we have made great strides in the last couple of years.

"We have focused specifically on non-professional landlords with small portfolios - an area of the market where there has been significant growth and one that is expected to continue to be buoyant as more people turn to property as a viable investment alternative to traditional pension arrangements."

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