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Landlords are having to reconsider the size and breadth of their portfolios as more mortgage loan to values become harder to attain.

News from the BBC has found that less than 100 mortgages remain that are available for those that have 10% or less of the property’s worth available to spend. That means deals that allowed landlords to increase their portfolios quickly with high LTVs are over.

And that’s tough for those looking to cash in on the house price slump – great deals are to be had and people are begging for property to rent. But they cannot get off the starting blocks thanks to buy to let mortgage lenders demanding 15% or 25% of the property’s worth.

There are options though – buy to let landlords can use secured loans to find quick sources of revenue. They can use bridging loans or they can even use their equity to help extend properties, not buy more.

Right now landlords are in a great position, but one that cannot be taken advantage of by spending more and more. Currently prudence is key – take advantage of what you already have as a buy to let investor and get through the tough times.

To keep up with the latest News and comment on the UK buy to let market visit the Buy to Let Mortgage Blog