Buy-to-let product choice hits 14-year high

There has been a notable recovery in the number of mortgage products on offer to landlords with smaller deposits or levels of equity, indicating a greater level of confidence in the buy-to-let sector.

After dropping back to only four deals on offer in November 2021, there are now 28 products available at 85% loan-to-value (LTV), the highest this number has been since March 2020 (32) and a vast improvement on last year, when January 2021 saw no options available in this bracket, according to Moneyfacts.

The figures provided by the site show that there was an increase from December to January of 222 products on offer to landlords, bringing the current total to 3,528. It said it was the most since September 2007 and was 945 more than in January 2020, before the Covid-19 pandemic.

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