The buy to let property market has been hit by multiple challenges in the last one to two years and that has led many to jump out of the sector or at least slow down in the purchase of properties to add to a portfolio. New regulations, tax changes, and underwriting reforms have made it difficult in recent times to navigate the waters and move forward whilst still remaining profitable. Landlords do have one positive space to turn to however, and that is remortgage. Although there have now been two increases in the standard base rate in the last twelve months, the buy to let market is a prime area to find an attractive remortgage and help save money on mortgage payments.

Lenders are in quite a hyper competitive mode currently in search of buy to let clients. This means one thing for landlords who are looking for an improved mortgage lending deal. It means it is now possible to find lenders offering incentives to landlords with buy to let property.

Landlords are now finding offers by lenders which feature special arrangements for those owning multiple single units, for example.

Many non-portfolio landlords are less optimistic compared with portfolio landlords in results of a recent survey. This has resulted in some lenders offering special incentives to those holding single units who wish to remortgage some or all of their properties together.

Obtaining a remortgage for landlords can mean new life in the ultra-competitive market of buy to let. With all the recent changes to the sector bearing down on landlords, it is more than worth the time to check into remortgage, according to housing market experts.