Speaking on Specialist Lending Solutions Television in association with Castle Trust and Magellan Homeloans, Jane Simpson, managing director of TBMC, pointed out that while non-portfolio landlords were very price driven, portfolio landlords are increasingly open to the less vanilla side of the market as well as the potential offered by limited company borrowing.
“We have seen about a 25 per cent increase on limited company applications, and the phone traffic and enquiries coming through suggest that further landlords are considering this as an option for the future,” she said.
Simpson (pictured) added that landlords are taking the opportunity to assess the make-up of their portfolio and whether it reflects where they want to be investing.
“We are finding that most landlords are taking a step back, looking at the portfolio and where they are going to invest their money in the future, and that tends to be looking at the more complex side of the market,” she continued.
Simpson added that there was potential for growth for brokers and lenders in this area.