Corporate tenants the target for buy-to-let
Landlords could benefit from targeting corporate tenants, it has been revealed.
Research by the Mortgage Trust shows that the number of landlords targeting the corporate market has increased by over ten per cent compared to the beginning of the year.
According to research, 27 per cent of landlords target high-end earning tenants, who are more likely to commit to a rent for a year or more.
Buy-to-let mortgages for professionals could be a lot more hassle free with corporate tenants because they are less likely to default on rent payments.
However, couples are still the most popular target for Landlords, at 52 per cent.
John Heron, managing director of Mortgage Trust, said: "Corporate tenants offer landlords stability and they also tend to pay above average rents because they demand high-quality properties."
With lending continuing to tighten, corporate tenants could be the diamond-in-the-rough in the rental sector for professional landlords.
Acting Liberal Democrat leader, Vince Cable, recently called for action from the government on the lending crisis, underlining the appeal of high-earning tenants amid uncertainty in the financial markets.
Research by the Mortgage Trust shows that the number of landlords targeting the corporate market has increased by over ten per cent compared to the beginning of the year.
According to research, 27 per cent of landlords target high-end earning tenants, who are more likely to commit to a rent for a year or more.
Buy-to-let mortgages for professionals could be a lot more hassle free with corporate tenants because they are less likely to default on rent payments.
However, couples are still the most popular target for Landlords, at 52 per cent.
John Heron, managing director of Mortgage Trust, said: "Corporate tenants offer landlords stability and they also tend to pay above average rents because they demand high-quality properties."
With lending continuing to tighten, corporate tenants could be the diamond-in-the-rough in the rental sector for professional landlords.
Acting Liberal Democrat leader, Vince Cable, recently called for action from the government on the lending crisis, underlining the appeal of high-earning tenants amid uncertainty in the financial markets.
