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The buy-to-let market and lenders are continuously innovating with aggressive competition in an effort to increase their share of the market. It's also very encouraging that a lot of lenders will consider tweaking their criteria to provide more products to certain sectors of the market.
We will soon see two new ranges of buy to let mortgages become available on the market, with more demand for lending for house-in-multiple-occupation (HMO) properties – and even expats, holiday lets, and serviced accommodation properties like Airbnb.
These new offerings are only going to have a great effect on the market and it's refreshing to see innovation by lenders to keep coming up with something new and attractive.