The Sunday Telegraph - Light at the end of the tunnel for landlords?

Aaron Strutt Image

The Sunday Telegraph reports that landlords are being hit with higher taxes but lenders are competing harder to offer them cheaper mortgages.

Aaron Strutt, from Trinity Financial, told The Sunday Telegraph: "As the market shrinks, lenders are pushing ever have to lure in the remaining landlords. They are tempting them with some incredible deals. The best ones are not much more expensive than the lowest residential fixed-rate mortgages.

We asked about the new buy-to-let lender offering mortgages via a phone app, Mr Strutt added: "Applications for many landlords can be pretty complicated, particularly when they have properties in the background. Technology is moving on and we are getting closer to more lenders using automated processes to speed up mortgage turn around times." 

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