BTL 'a growing market'

Alistair Welham, head of sales & marketing at Salt commented, “We came to Expo with a strong BTL proposition but did not expect the significant number of enquiries we received for information and background on our products and terms. I have to pay tribute to the resilience of the intermediary market and it is clear brokers are looking at alternative income streams after the upheaval of the last few months and are demonstrating how open they are to new possibilities.”

He added “Brokers liked what we had to say about the BTL market and we believe the outlook for BTL is good based on stable property prices, rising rental incomes and attractive fixed rate financing such as ours. Our 2 and 3 year fixed rate BTL products at 5.19 per cent and 5.39 per cent have been very well received and we are looking forward to a busy day on Thursday.”