We are starting to see Lenders looking to support Landlords with properties which reach a “C” or above on their Energy Performance Certificates.
We are starting to see some Lenders offer, for example, slightly cheaper rates of interest and discounts on their Arrangement Fees.
Debbie Boyes, Director of Willowlace Ltd Mortgage Brokers, says “Whilst we are still at very early days on this, it is good to see Lenders starting to work with Landlords. It is even more important than ever in times of changing regulation to work closely with an experienced Mortgage Broker and Letting Agent.”
Willowlace Ltd has a sister company, Fleur Lettings Ltd, which creates an easy, co-ordinated approach for Landlords.
The Financial Conduct Authority does not regulate the activities of Letting Agents.