Complete FS believes 2015 will be a bumper year for the buy-to-let market.
The the specialist lending packager argues recent changes to the pension rules around lump sum withdrawal, due to take effect in April, will see a large number of enquiries to brokers about lump sum transactions into alternative investments, including property.
Complete FS saw a 234% increase in buy-to-let business in 2014. Director Tony Salentino says there has never been a better time for brokers to look at the opportunities to show clients how investment in property might suit their plans.
He said: “With CML figures for December 2014 showing that gross advances totalled 17,300 loans, 18% up on December 2013, Complete FS is already increasing the resources behind our buy-to-let service because we are anticipating a bumper year for the buy-to-let market.
“We are already closely involved with a wide range of lenders, including some of the most recent to come to market like Foundation Home Loans, which share our belief that the market is set for continued growth because of increasing demand from landlords new and old.”