The Mortgage Business, TMB, one of the largest specialist Buy to Let lenders, has joined the ARLA Buy to Let lenders’ panel. The panel was formed by ARLA, the Association of Residential Letting Agents, when the Association first launched the Buy to Let initiative in September 1996.
Said Bill Dudgeon, Managing Director of TMB, “As the instigator of Buy to Let, ARLA has been the driving force in this market sector and is recognised as the voice of Buy to Let among letting agents and investor landlords in the Private Rented Sector.
“We believe that our five years in the market provide us with a wealth of experience that will help ARLA and the panel to drive Buy to Let forward. This is especially important while other investment vehicles and markets remain volatile.”
Welcoming TMB to the panel, John Crossley, FRICS, Chairman of ARLA, said that the addition of TMB would help to maintain the Panel as the industry-wide focus for Buy to Let and the most authoritative voice for research-backed comment and analysis.
“The ability of the panel to provide data from investors, agents and lenders and to explain trends and beliefs to intermediaries and potential investors will be enhanced with the help of TMB,” Mr Crossley added.
Existing members of the ARLA Panel of Lenders are Birmingham Midshires, GMAC Residential Funding, NatWest Mortgage Services, Paragon Mortgages and Standard Life Bank. ARLA membership is corporate and is for specialist letting agents and dedicated lettings departments of estate agents. Between them, ARLA members operate some 1,500 letting offices through the country.
ARLA research includes the biggest of all surveys conducted
through letting agents and the recently introduced quarterly Index of Returns on
Lettings.
