It’s been a tough time for buy-to-let investors in recent years, with changes to taxation resulting in smaller margins.
Against this backdrop, mortgage brokers are forecasting an improvement to their buy-to-let mortgage business in 2020.
The positive prediction was formed on the basis of landlords expanding their portfolios and strong remortgage levels.
Paragon’s FACT research, which has tracked broker trends since 1995, found that one in five mortgage brokers believe they will introduce more buy-to-let business in 2020. 11% of brokers expect their business levels to fall.