The high effect on home movers is likely due to the fact that these buyers usually needing to both buy and sell at the same time.
The app enables landlords to manage, track and optimise their portfolio’s performance.
Demand for new properties from students and an influx in high quality homes hitting the market over the summer has seen modest increases in average rental costs across a number of regions.
Members of the network will have access to the building society’s range of lending products, which include residential up to 80% loan-to-value (LTV), buy-to-let and Limited Company buy-to-let.
The relaunch sees the lender offering a full suite of mortgage products across both residential and BTL ranges.
In the week ending 22 August the number of viewings in the lettings market in London and the Home Counties hit a ten-year high.
Oli Sherlock, head of insurance at Goodlord, welcomed the most recent update: “This afternoon’s update is a welcome step forward from the government.”
Exceptions will be made in the most serious cases, such as incidents of anti-social behaviour and domestic abuse.
The move aims to provide greater clarity and improve service to brokers and their clients.
In a letter to the Prime Minister, the NRLA has said that the government is asking landlords to subsidise struggling renters and rewarding those who are wilfully refusing to pay their rent.