Tenants in situ present several opportunities for buy-to-let investors

Following the reductions, rates on selected products will start at 4.99%

83% of landlords said they’d be inclined to vote for a party that reinstated tax relief for landlords.

According to the lender, the new product has been launched to help property investors ride out a period of uncertainty in the market.

Enquiries for advice ahead of incoming tax changes for furnished holiday lets are on the rise, according to Handelsbanken Wealth & Asset Management.

The lender has also announced a series of rate cuts across its existing five-year fixes

New rates include 2-year fixed from 4.55% and 5-year fixed from 5.06%

The changes improve on the previous maximum allowance of four storeys

The lender has also widened its acceptable criteria on buy-to-let properties

The overall number of private tenants who are struggling to afford their rent has climbed since last year.