Abbey expected to launch into B2L by end of the year

Abbey for Intermediaries is believed to be planning to enter the buy-to-let market before the end of the year.

Mortgage Strategy revealed in November last year that Abbey was looking at entering the buy-to-let market in 2011.

The lender’s plans to launch earlier this year are thought to have been delayed, but it still plans to launch before the end of the year.

A spokeswoman for Abbey, says: “We constantly review all areas of the market and one area we are taking a close look at is the buy-to-let market, specifically the non-professional landlord sector.”
 

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