After a period of uncertainty, the number of buy-to-let mortgage products is on the rise, offering you more choices than ever before.

The experts at Octane Capital, a specialist lender for property investors, have crunched the numbers and found a significant increase in mortgage products across the board. This is great news for everyone looking to buy a property, but it’s especially good news for landlords. In fact, buy-to-let mortgages now make up 20% of all mortgage products available!

A Boost for Buy-to-Let

In the last three months, the number of buy-to-let mortgage products has jumped by a solid 6.2%! That’s a clear sign that lenders are feeling confident about the buy-to-let market again. This increase is particularly important, considering the recent interest rate hikes and the uncertainty surrounding the economy.

What’s Driving the Rise?

So, what’s behind this positive shift? Experts believe the Bank of England’s decision to hold interest rates steady at 5.25% is a key factor. Although rates haven’t come down yet, the fact they haven’t gone up is a sign of stability, which is boosting confidence in the market.

A Good Sign for Landlords

The increased availability of buy-to-let mortgages is a strong indication that lenders are confident about the future of the property market. With more choices available, you’ll have more options to find the mortgage that best fits your needs and helps you achieve your property investment goals.