BTL sector a third of what it once was

The latest figures from the Council of Mortgage Lenders shows the buy-to-let sector now accounts for  13.4% of all outstanding mortgages. Up from 12.9% a year earlier.

A total of £4.2bn of buy-to-let mortgage lending in the first three months of this year. 

BTL lending is still way down from its peak period back in 2006, where the third quarter saw property investors borrowing a total of £12.7bn. Which makes current borrowing approximately a third of what it once was.

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