Buy-to-let mortgages hit 9 year high

Approvals for buy-to-let mortgages hit a 9 year high in January at 85,432 according to e.surv mortgage monitor. 

This is up 39.3% on the year previously.

The jump is put down to s surge in buying activity by landlords as they race to beat the April 1st hike in stamp duty on buy-to-let and holiday home purchases. 

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