Yorkshire Building Society has confirmed plans to launch into the buy-to-let sector and is likely to offer the products through its intermed-iary brand Accord Mortgages (Mortgage Strategy February 7).
To lead its entry into the sector the society appointed Jeremy Law, Mortgage Express’ former head of buy-to-let last week.
Most recently Law was Bradford & Bingley head of commercial relationship management supervising a team of relationship managers looking after buy-to-let customers.
A spokeswoman for Yorkshire says: “We are currently working on the possibility of pursuing new lending in this area of the market and we expect our buy-to-let operation is likely to include Yorkshire’s intermediary lending subsidiary Accord Mortgages.”
In last week’s issue of Mortgage Strategy we revealed that Yorkshire was looking at offering buy-to-let.