Royal Bank of Scotland
Intermediaries expect landlord clients to grow portfolios
New research undertaken with mortgage intermediaries shows that the vast majority are optimistic about their landlord clients approach to the current market conditions.
In a poll taken at the latest RBS Intermediary Roadshow in London last week, nearly half (46%) thought that their landlord clients are optimistic about current market conditions and will be looking to add properties to their portfolio.
Another 46% thought that their landlord clients will maintain neutral positions over the next 12 months whereas only 8% thought that their landlord clients would take a pessimistic view and reduce their portfolio or get out of the market altogether.
Graham Felstead, Head of Sales, RBS Intermediary Partners, commented: “Buy-to-let is one of the sectors of the mortgage market that is proving to be more resilient. With reductions in house prices and a robust demand for rental property, many landlords are viewing the current market as a good one for expanding their portfolios. At RBS Intermediary partners, we are well placed to help cater for this interest as our NatWest buy-to-let proposition enables landlords to take out mortgages on up to 10 properties.”
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