Pepper Homeloans, Fleet Mortgages and the State Bank of India launched in January, swiftly followed by Foundation Home Loans with Axis Bank at the start of April.
Seasoned lender Paragon reported a 58% rise in lending to £222.1m in quarter one and an FCA consultation paper outlining the rules likely to govern this market from March 2016 also emerged.
The Buy to Let Market Forum, starting on 22 April in Cardiff, then travelling to Birmingham, Winchester and Warrington is your first chance this year to view rigorous analysis of this fast paced market.
Join our experts to pick apart the detail and the opportunities they will bring to your business.
Hosted by Mortgage Solutions and offering a raft of tailored presentations and a packed lender and industry exhibition, register now to secure your seat at these CII-accredited, half-day discussion and networking events.
In February, the regulator outlined its fees and conduct standards for consumer buy to let for the first time driven by the European Credit Directive, which means brokers will have to register with the FCA from September.
Meanwhile, the Financial Policy Committee has already warned the buy-to-let market it will be watching activity closely, especially given the sector’s high volumes of interest-only lending. The regulator’s new powers to clampdown on Loan to Value and Debt to Income ratios – if it chooses to use them – could dramatically impact this fast growing business area.
The rapid lender launches have brought a proliferation of choice and advancing criteria to the buy to let market. The latest specialist landlord-targeted launch from Axis Bank went through a restricted panel but is yet another set to broaden distribution soon.
Co-chair of the event and Mortgage Solutions, group editor, Victoria Hartley said: “With the market moving this quickly, a clear view of its direction of travel is essential for any mortgage adviser. The regulatory changes alone present a raft of challenges enshrined in policy change for the industry to digest.
“Join us from 22 April to equip your business for the changes that lie ahead.”
For all the in-depth industry analysis, register now for the Buy to Let Market Forum. Click here to meet all the speakers and here for the day’s packed schedule.
Attend the event and earn five CPD hours and follow all the coverage of the event at #BTL15.
