In episode 35 of the Growth Series podcast, Chris Maggs, Senior Commercial Manager at Accord Buy To Let, is joined by Ying Tan, founder and Chief Executive of Dynamo, specialists in Buy To Let lending. Together, Chris and Ying explore the direction and growth of the Buy To Let market in 2020. They also consider how brokers can capitalise on developments, and how lenders and players like Dynamo can offer support to ensure those brokers go on to grow their businesses.
A new survey of the Buy To Let market conducted by Perrys Chartered Accountants revealed that 75% of people still believe that investing in buy-to-let is worthwhile. Among millennials the number was even higher at 83%. Is it still an opportunity for brokers? What innovation does the future hold for this market? And what benefits are there for brokers looking to expand into this sector?
Ying gives us a snapshot of the whole Buy To Let market, its tax implications for those who invest, the direction the market is heading, and the work lenders can do to help make the market accessible.
The Growth Series is a dedicated resource that aims to help mortgage brokers grow their business using digital and communications marketing techniques. For more hints and tips on how to grow your business, you can sign up to the Growth Series for free, here.
0.00 - 1.00 Welcome and Introduction
1.01 - 39.30 Chris and Ying discuss:
Why Buy To Let is still a lucrative option for those wanting to make an investment
How the market is growing, and has grown since the 2008 crisis
How certainty over Brexit will benefit the market
The impact of recent tax changes
The pros and cons of buying through a limited company
Innovation in the Buy To Let market
Whether it is right that lenders cap LTV at 80%
Where Dynamo sees growth in 2020
39.31 - 41.31 Outro
Get notified of new content
4 ways to generate more business for your brokerage
Information on this site is for use by authorised intermediaries only and should not be relied upon by anyone else.
Accord Mortgages Limited is authorised and regulated by the Financial Conduct Authority. Accord Mortgages Limited is entered in the Financial Services Register under registration number 305936. Buy to Let mortgages for business purposes are not regulated by the Financial Conduct Authority. Accord Mortgages Limited is registered in England No: 2139881. Registered Office: Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ. Accord Mortgages is a registered Trade Mark of Accord Mortgages Limited.
References to 'YBS Group' or 'Yorkshire Group' refer to Yorkshire Building Society, the trading names under which it operates (Chelsea Building Society, the Chelsea, Norwich & Peterborough Building Society, N&P and Egg) and its subsidiary companies.
All communications with us may be monitored/recorded to improve the quality of our service and for your protection and security. Calls to 0800 numbers are free of charge from a landline or mobile. Calls to 03 numbers are charged at the same standard network rate as 01 or 02 landline numbers, even when calling from a mobile.