2 Mar

New service launched for those seeking buy-to-let properties

New service launched for those seeking buy-to-let properties

Consumers looking to purchase buy-to-let properties are to have access to a new service.

Launched by the Association of Residential Letting Agents (ARLA), the offering will enable people to enter their details and needs on to a website and be matched with the best mortgage options for them.

The bespoke website was announced at the 2010 ARLA Conference.

Ian Potter, operations manager at the organisation - which was founded in 1981 and is a professional and regulatory body for letting agents in the UK - said there has been considerable interest in the service.

He added: "As with any borrowing it is essential that full information is available to a borrower in order that they can make an informed decision in connection to the potential of their purchase."

Mr Potter went on to state that the site should assist both landlords and tenants, as it will result in better choice in the market place.

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