Flexibility is popular for buy-to-let investors

Furthermore, 39% of investors are utilising the overpayment facility explicitly to save for future buy to let investments.

These findings reveal the importance of product flexibility to today’s property investor and the number of ways in which flexible features can help landlords actively manage the financing of their portfolio.

Further results from the survey show that 38% of those using the flexible features are overpaying into their mortgage to build a reserve to fund extra costs, and 55% are using the same facility to pay off their mortgage sooner.

Nicola Severn, Marketing Manager at Mortgage Trust observes, “Product flexibility can provide huge benefits to today’s buy to let investor. Landlord confidence remains strong and with the recent Government proposal to allow individuals to hold residential property in pension funds, investors will increasingly be looking for ways to expand their portfolios.

“Flexible mortgage products which boast features such as overpayment and draw down facilities, provide the ideal savings vehicle for investors to fund further investment property purchases.

“In addition flexible features allow landlords to build up a reserve to cover maintenance costs or rental voids providing invaluable peace of mind should a financial ‘safety-net’ ever be needed.”