Residential landlords could be among those to benefit from increased competition among mortgage lenders, it has been suggested.

Mortgage Broker Alexander Hall has claimed lower rates can be attributed to growing confidence among lenders.

Residential landlords who are looking to add to their property portfolios could be among those benefitting from high levels of affordability, it has been suggested.

Figures from a recent report by Zoopla.co.uk have revealed that housing affordability in the UK is at its highest rate for seven years.

Individuals with landlords insurance need to be prepared for possible future legislation requiring all residential landlords to become part of a national register.

Writing to the Liverpool Post, Action Group general secretary Richard Globe stated that, should they win the general election in May, Labour is likely to implement its plans for a national landlords register in addition to strengthened regulations for residential letting agencies.

The buy to let property insurance market may begin to pick up following a difficult 18-month period.

This is the suggestion of the Residential Landlords Association (RLA), which reports that lenders could soon lower both interest rates and required deposit amounts.

Residential landlords who are considering adding to their portfolios could be among those to be encouraged by renewed confidence in the mortgage market.

Ben Wilkie, editor of industry publication What Mortgage, said increased confidence in the housing market has led to greater flexibility among lenders.