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Thursday, May 15, 2014

CML record resurgence in BTL

The March figures from the Council of Mortgage Lenders shows massive growth in the Buy-to-let sector. The value of BTL lending in 2014 was reported to be 69 percent up on the same month last year.
In total 16,200 BTL loans were advanced during March 2014.

BTL investors now account for £1 in every £6 of total residential lending in this age of generation rent.

However the level of lending to landlords is still far below its peak in 2007.

cml lending figures up to march 2014

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