27 September 2014

The buy-to-let mortgage market is continuing to show renewed growth as more lenders enter the marketplace or relax criteria.

According to TBMC's Landlord Profile Tracking Index, optimistic signs during the first quarter of this year included higher loans on offer during the period.

The index also showed terrace houses and flats are the most popular property types.

Andy Young, chief executive at TBMC, said: "During Q1 2011 the average loan size for offers received by TBMC was £136,359, up from £130,145 in the previous quarter - an increase of almost 5%.

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