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Wednesday, November 11, 2015

CML report increasing BTL lending

Gross buy-to-let lending increased substantially in September 2015 according to CML data.

Third quarter BTL lending was up in both volume and value compared to third quarter 2014.

The CML say increased activity was down to BTL remortgages and purchasing, though remortgaging recorded the greater increases.

Buy-to-let now represents 18% of gross lending on mortgages.

September 2015 CML BTL lending figures

September 2015 CML BTL lending figures

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