The Loans Engine adds nine new lenders to buy-to-let panel
The Loans Engine says it has seen increased demand for HMOs and other higher yield properties.
"As house prices start to decline we expect to see greater demand for more traditional buy-to-let properties."
The Loans Engine (TLE) has announced the addition of nine new buy-to-let lenders to its panel.
The lenders include MT Finance, Paragon, Fleet Mortgages, Keystone Property Finance, Kent Reliance, Precise, Aldermore, Kensington and Bluestone.
Steve Nobbs, head of unregulated mortgage broking at TLE, commented: “In recent months we’ve seen increased demand for HMOs and other higher yield properties, and we anticipate this trend will continue over the next few months.
"Additionally, as house prices start to decline we expect to see greater demand for more traditional buy-to-let properties. Expanding our lender panel is therefore an important move that will help us to support this demand and ensure we continue to deliver positive client outcomes across a range of property types and constructions.
"Each lender brings a unique offering to our panel, so we believe they will make a material difference to future client outcomes. We’re extremely excited to work with these lenders and see how these new partnerships will enhance our offering to intermediaries and their clients.”
