In recent weeks I have spoken about the ways in which BTL lenders have been working hard behind the scenes to find alternative solutions to overcome ongoing valuation issues and restructure product ranges which better support landlords and the intermediary market. And this raft of planning was put into practice pretty much overnight as physical valuations were given the green light to proceed – albeit with safety measures and social distancing restrictions firmly in place to minimise any risks posed by Covid-19.
Inevitably, this was the trigger for a number of lenders to spring into action. Apologies in advance if I miss any lenders off the list below, but it’s important to highlight those who have opened, or reopened, their doors as a result of this important turning point for the mortgage market. Not to mention the new product ranges on offer.