Andy Virgo is director of buy-to-let at LendInvest
The effects of the last year are being keenly felt by landlords. A study by the Resolution Foundation recently found that almost half a million private renters are behind on their rental payments as a direct result of COVID-19, and that will inevitably be causing pain to the nation’s property investors.
But landlords are a resolute bunch, and we are already seeing signs of how they are adapting to the changing market to ensure their business continues to flourish in the future. But to do so, they will need lenders to adapt too.
Vida cuts rates by up to 40bps on BTL products