Landlords are important to the housing market currently.  Without the ability to purchase more and more households are being forced to rent.  Deposit levels required for a new purchase are above what many households can raise and they must choose rental properties to set up home.  Add in the number of new young adults seeking independence in the rental market as well as university students and the demand is pushed beyond the supply available.  Adequate housing is needed from landlords.

The health of the buy to let market led many lenders to offer more and more mortgage and remortgage buy to let products.  This was allowing landlords to increase their portfolios.  Now however the crunch is coming down on all borrowers and lending will be tightening.  Landlords will be unable to add to their portfolios as they had been doing.  Without the ability for households to buy as well as landlords it will in the long run push the housing demand for rental property into a tight space.

Lenders have given notice of rising standard variable rate levels.  The Bank of England has warned that lenders are planning to raise their interest rates on offerings in the mortgage market and that they also plan to pull back on the amount of credit they offer.  This is going to tighten up the lending market to a place where many homeowners will be stuck as well as the landlords that had been buying.

For a landlord that could do with a buy to let remortgage or two the experts suggest seeking a new deal soon as the lending market is changing for all not just the first time buyers that have had the most difficulty in the past few years.