In the Sunday times again!
Lee Grandin, managing director of Landlord Mortgages, a specialist buy-to-let broker, says many of his 9,000 clients are getting ready for bargains to come onto the market. “Over the past month, my landlords have been refinancing their portfolios to give them a war chest based on current values,” he says. “This is in case of a dip in the market, when they will snap up some bargains from distressed sellers who have lost confidence.”