Property continues to be the best performing asset that most individuals will have in their lives. Therefore finding the most suitable products to acquire it is key to be making the most of this investment.
Despite the fact that 2014 was a year of uncertainty in regards to possible interest rate increases, the buy to let market showed a tremendous growth, with many professional landlords looking to increase their portfolios with the new low cost mortgages that were available.
From what we have seen so far this year, leads us to believe that 2015 will not be any different. In fact, we have noticed that many new landlords have entered the buy to let market by releasing equity from their residential properties. Lenders have created and introduced innovative products that target the needs for those new to market as well as those more experienced.
The demand for accommodation from those that cannot afford to purchase their own property continues to grow, resulting in an increasing demand for rented accommodation. It now appears unlikely that there will be an increase in the base rate in the near future. Given the above, now is a good time to consider investing in the buy to let market.