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Friday, January 20, 2017

CML's view on longer tenancies

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1 comment:

Cara said...

Landlords are leading the charge in Britain’s resurgent housing market, snapping up properties while interest rates are still low.The only sector growing faster than new buy-to-let lending was remortgages, as existing home owners and landlords rushed to lock in a new deal before interest rates go up – a change that is expected to take place in the next 12 months. Owner-occupiers took out £5.1bn in remortgage deals, up 34pc on the year, while existing landlords swapped current loans for new deals amounting to £2.2bn – up 69pc on the same period of 2015.