Peter Curran, head of distribution at Bank of Scotland Mortgages, said: “ARLA's latest survey revealed that 69 per cent of existing buy-to-let investors said that the loan-to-value (LTV) on their rented residential properties was less than 75 per cent LTV. Bank of Scotland offers a range of low LTV products with extremely competitive rates offering intermediaries real choice for their clients.
“With five increases in the Bank of England base rate in the last 12 months making it increasingly difficult for first-time buyers to get on to the property ladder, the demand for buy-to-let properties continues.”
