The best buy-to-let mortgages - Telegraph

The best buy-to-let mortgages - Telegraph

Melanie Bien, director of mortgage broker Private Finance, said:

"With rental demand strong, yields good and more products coming to the market, buy-to-let has become more accessible for a wider number of people, not just professional landlords.

"As would-be first-time buyers are forced to rent for longer because they can't afford to get on the housing ladder, landlords are snapping up properties they would normally have bought and raising rents.

"For those who are fed up with their savings earning poor rates of interest, or who are mistrustful of stock market investments, property is once again looking like a solid prospect. Although an increase in capital values is no longer guaranteed, as in the past, rental incomes are more than making up for it. While interest rates are low, landlords are enjoying cheap mortgage rates and ever-increasing rents – a fantastic combination for the investor.