The latest report from Moneyfacts.co.uk regarding the mortgage buy-to-let sector is that its starting to gain some ground. Spokesperson for the organisation, Michelle Slade, regards afford ability as the key issue in this division of the housing market. She also mentioned that she sees more lenders re-entering the market, even though lending criteria is very stringent.

It seems the lenders have become more creative in the way they present loan products, as there has been an influx of new loan products combinations for landlords to choose from. According to Slade there are currently more than 300 available.

Slade commented further on the borrower who will continue to have the best deals offered to them, saying: "The best deals will continue to be offered to those with a sizeable deposit, but those with just a twenty per cent deposit are starting to see more options available."

She continued to remark about the market, saying: "Rental income and tenant demand continue to rise due to an increase in people opting or needing to rent rather than buy. Rental income does not move with base rate and lenders are concerned that borrowers on variable rate deals may not be able to meet repayments when rates rise."

She also mentioned that lenders are trying to steer landlords away from variable rate deals, but instead go with a fixed rate loan product. The benefits of a fixed rate product currently outweigh the risk involved with the possibility of what might occur with the base rate over the next twelve to twenty-four months.