The new service offers up to three years of cover in exchange for a single payment equal to one month’s rent.

The loan was structured at a 75% LTV, despite the property being vacant at the time of purchase.

We caught up with Marylen Edwards, director of mortgages at MT Finance, and asked her about changing investor behaviour and where landlords should be focusing their attention right...

The lender has also launched new expat borrower products starting at 4.39% for two years with a 3% fee and 5.09% for five years with a 4% fee.

Rental supply from lodger landlords who rent out rooms in their own homes makes up a quarter of all supply in the flat share market, but is now in decline.

BTL two-year fixed eKo rates start at 3.69% with a 3% fee; five-year fixed rates at 4.27% with a 3% fee.

Total BDLA membership, including associate firms, has surpassed 100 organisations.

The deal was completed at 40% LTV on a 0.35% Stepped Rate for 12 months.

Five-year zero fee fixes offer rates of 5.09% for purchases/remortgages and 5.14% for remortgages with a free valuation.

Plans include a 1,700 sq ft private terrace, a feature increasingly used to support rental premiums in the West End.