The buy-to-let market is settling down after the shock caused by the mini-budget, as landlords now have 1,769 buy-to-let products to choose from, 781 more than at the start of October, research from Moneyfacts shows.
The average cost of buy-to-let mortgages has started to drop after the peak induced by the disastrous mini-budget, data supplied by moneyfacts shows.
As has to be expected in an environment where the base rate is rising every time the Bank of England meets, the cost of mortgages is starting to rise.
The cost of buy-to-let mortgages are climbing in line with rising Bank of England base rates, indicating that waiting longer to get a mortgage will see landlords pay higher interest rates.
The growth of Airbnb is reflected in the number of buy-to-let products enabling holiday let compared to a couple of years ago.
There were 112 mortgages for those with a 5% deposit in May, more than three times the 34 that were available in April. The…
