Meghan – Product Development Manager
We live in a world where we’re constantly bombarded with information. Whether it’s through the internet, our mobile phones, 24-hour television, emails or social media, we’re now exposed to more data than ever before. Apparently if the current rate of data creation continues, we’ll be creating the equivalent of more than 212 million DVDs’ worth of information every day by 20251!
To help Precise Mortgages make sense of all of the financial data out there, we use leading research company, BVA BDRC. As the UK’s leading specialist lender2, we’re always looking to identify market trends and develop new products and criteria; BVA BDRC’s research gives us invaluable insights that help us meet the needs of customers in a constantly evolving market.
Their latest Landlords Panel report3 makes for interesting reading, especially if you’ve got customers wanting to develop their property portfolio, looking to explore the opportunities offered by Houses in Multiple Occupation (HMOs) or if they’re thinking of running their business as a limited company.
With the buy to let market becoming increasingly professionalised and portfolio landlords playing a more prominent role, did you know that:
With more landlords exploring HMOs as a way of maximising their rental yields, did you know that:
With limited companies becoming a more popular way for landlords to operate, did you know that:
And with nearly 70% of all landlords using a broker to arrange their most recent buy to let mortgage, our Sales Team can help you make the most of the new opportunities. Wherever you’re based, you’re never far away from support to help you access a wide range of products that meet your customers’ needs. Contact your local Business Development Manager to arrange an appointment or call our dedicated support service on 0800 116 4385 for more information.
2 BVA BDRC Project Mercury report Q1 2019
3 BVA BDRC Landlords Panel report Q1 2019