Meghan Cooper – Product Development Manager
If you’ve ever felt overwhelmed by the number of emails in your inbox or the amount of messages on your voicemail, did you know that you may be suffering from ‘infobesity’ or ‘infoxication’?
That’s right, in today’s 24/7 non-stop digital world, there’s so much data that new words have had to be coined to describe the feeling of being swamped by too much information.
The buy to let market is no different. With so many customers, properties, lenders and products out there, we know it can sometimes feel difficult to know which way to turn.
To help us see the wood for the trees, and to help us make sense of it all, we utilise research carried out by insight consultancy BVA BDRC who conduct a quarterly pulse check of the market to find out how landlords are really behaving and thinking.
Take the findings in their latest Landlords Panel report, for example. Despite a challenging year for the buy to let market, BVA BDRC found that:
It’s information such as this which is absolutely vital in helping us to identify new trends, develop new products and criteria, make service improvements and consolidate our position as one of the UK’s leading specialist lenders and Mortgage Strategy’s Best Mortgage Lender for 2020.
It’s helped us to design our new Autumn Specials Buy to Let Mortgages, including a limited edition 70% LTV product with reduced fee and a new range of 2 and 5 year fixed rate products for those with less than perfect credit profiles. Click here to read Group Sales Director Adrian Moloney talking about them in more detail.
To find out more about how we could help your landlords, speak with a member of our award-winning Sales Team or call our dedicated support service on 0800 116 4385.
Source: BVA BDRC Landlords Panel Report Q3 2020 (slides 321, 52, 263, 554 and 565)