Building society Skitpons have altered the criteria of their buy-to-let mortgage range, in what they claim are measures to help make the process easier for landlords.
The group have increased the maximum loan to value of borrowing up to £500,000 from 75 to 85 per cent and at the same time reduced minimum rental income to 110 per cent from 125.
Skipton say that these along with other new features will allow landlords to maximise the profits they make from their investments.