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Tuesday, August 07, 2012

Buy-to-let makes up 20%

The latest figures from Hart show that over 20% mortgages are being loaned on buy-to-let properties.  This is up from 15.3% at the start at the year.

Haart financial services managing director Davi Miles said: “Although lending criteria remains tight, there are certainly products available to applicants, and we would expect this sector of the market continue to grow throughout the remainder of 2012 and beyond as it increasingly underpins the UK property sector as a whole."

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