The packager said that it felt while it's buy-to-let offering was strong, it still needed development, leading to the launch of a specialist placing team.
Despite high interest rates the Buy-to-Let market is still growing. However it is experienced investors with equity and relatively low loans on their investment properties who are set to benefit under the current climate.
According to the latest Association of Residential Letting Agents (ARLA) review, published in September, more than half of all buy-to-let investors expect to increase their portfolios over the coming twelve months.
With this in mind, Optoma recognise the unique challenges brokers face when placing these larger and more complex portfolios. Through creating a dedicated and trained team they believe they can offer fast and efficient support in this specialist area.
In particular the team, headed by Lawrence Creane, understand the intricacies and restrictions on placing these portfolios. The team consists of three experienced advisors, and has a suite of products to help the broker with these more challenging cases.
