83% of UK mortgage brokers say buy-to-let investors believe that now is a prime time to invest in the sector, according to Exact.
Launching a new white paper, Exact says lenders must give more weight to quality of underlying collateral when underwriting buy-to-let.
Exact polled 549 mortgage intermediaries as part of their research into the future performance of the buy-to-let sector.
Of the 83% who said their clients were looking to expand their portfolios further, over half (55%) said further investment was motivated by the belief that we are nearing the bottom of the housing market. 22% of brokers said buy-to-let investors saw property as offering the best long-term returns when compared with other asset classes.
Alan Cleary, managing director of Exact mortgage experts, said: “Investors have faith in the buy-to-let sector. With so many people cut off from getting a mortgage
