You are here: Home - Your Community - Marketwatch -

Plenty of buy-to-let lender launches to come in next 12 months – Wyles

  • 18/11/2014
  • 0
There will be a lot of new specialist lenders coming into the market in the next 12 months, said Castle Trust.

Matthew Wyles, senior policy adviser to the board at Castle Trust said lenders like Fleet Mortgages, with its new funding model, due to launch later this month is likely to shake things up a little.

“I think we’ll see the standard first-charge mortgage market, particularly in buy to let, hotting up. From our point of view, that’s good news as it’s more lenders to work with,” he said.

“Most of these lenders offer a standard stress test and we can come in and provide that extra equity on top to increase the leverage of the buy to let investor and his portfolio.

“The more lenders there are in the market, the more lending we’re going to do,” added Wyles.

Castle Trust launched its Flexible Zero Mortgage last week and will no longer offer its first-time buyer Partnership Mortgage.

The newly-launched product primarily targets buy-to-let investors and other high net worth clients and does not require monthly payments of the principal sum borrowed or interest.


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @Official_AMI: We raised an amazing £3,536.40 for @MytonHospices last night so a huge thank you to everyone who donated. This is the hig…
Read previous post:
TMPE2014: Lenders urged to be brave in lending to the over 50s

Lenders were urged to be ‘brave' and break the outdated unofficial rules which have evolved when lending to borrowers over...