Lenders best mortgage deals enable investors to increase their property portfolios.
Currently the best mortgage deals are buy to let offers. More competition in the UK buy to let market is enabling investment landlords to increase their property portfolios
Research by Paragon reveals landlords property portfolios increased in the second quarter of 2012.
In the last three months investment property portfolio averages have increased from 12.9 in quarter one to to 14.1 in quarter two. There was also a year on year increase from the same time last year when average portfolios were 12.5 properties.
Just over 20% of UK buy to let landlords questioned as part of the Private Rented Sector Trends Survey, advised that lenders best mortgage deals would allow them to increase their property portfolios this year.
According to the survey, of those landlords planning to purchase additional property this year around 50% advise they plan to invest in terraced houses, and of those remaining around a quarter intend to buy flats.
Investment buy to let landlords plans to extend their property portfolios is positive market news.
In support of the UK buy to let sector the Hinckley & Rugby Building Society have launched a new deal for 75% loan to value at a rate of 3.85% with a £2,450 completion fee and no early redemption charge .
For lenders best mortgage deals contact Deal Direct today.
