The latest Council of Mortgage Lending data for December 2014 show that BTL is still on the up.
The CML recorded 17,300 BTL mortgage advances in December 2014.
The total value of BTL loans in December 2014 were £2.5billion.
An increase of 20% on volume and 32% on values compared with December 2013's numbers.
BTL lending total for 2014
The CML recorded 17,300 BTL mortgage advances in December 2014.
The total value of BTL loans in December 2014 were £2.5billion.
An increase of 20% on volume and 32% on values compared with December 2013's numbers.
BTL lending total for 2014
December figures bring the years totals for BTL lending to 197,700 loans, valued at £27.4 billion of lending. BTL purchases totalled 100,100 loans and remortgages totalled 96,020.
Compared to 2013's BTL lending total this is an increase of 23% by volume and 32% by value.
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