90% Of Landlords Are Unhappy With The Banks

9 out of 10 landlords are dissatisfied with the banks and the buy to let mortgage market according to a survey by the National Landlord’s Association.

No surprise really, but here’s what the survey reported:

89% would like to see greater competition and more lenders in the market and greater competition.

74% reported they believe that buy-to-let lenders should be more innovative.
(Mmm, not sure about that – look what happened the last time banks ‘got creative’).

Over 50% of property investors do not believe that access to buy-to-let mortgages is becoming easier despite the official line from the banks.

60% stated they were unable to obtain mortgages as the lenders would not consider borrowers in their particular circumstances.

Our advice to property investors – forget the banks and join The House Crowd instead. Using our crowdfunding model, you could make  25% a year on your money with no need for borrowing or worrying about increased interest rates and making mortgage payments. Simples!