From Q2 this year, users of Smartr365 will be able to automatically submit decision in principle applications to the previously listed lenders.
According to the data, the figure has risen from 40% to 57%.
The average monthly rental price in London is £965, however, the average net salary is £2,590.
The firm believes that investors are likely to see a further reduction in savings account interest rates after the Bank of England base rate cut.
The Residential Landlords Association (RLA) is calling for a package of measures from the government and mortgage lenders to support tenants and landlords affected by Coronavirus.
According to the lender, it is the only bank in the UK to receive the award.
Meacock notes that viewings are being cancelled in London, and the positive feeling the ‘Boris Bounce’ brought has left.
Alvarado outlines that he has seen people pulling out of deals because of the stock market collapse.
However, north London estate agent Jeremy Leaf outlines that this does not mean buyers and sellers are putting off moving.
The firm adds that it intends to lend €50m in Ireland this year.