buy to let mortgages at highest level since 2007, says cml /

Published at 2015-11-11 17:20:58

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Lending to landlords peaked in the summer as 33600 loans were taken out for property purchase[br]The number of buy-to-let mortgages taken out by landlords purchasing properties rose to its highest level in more than seven years in the summer,figures from banks and building societies demonstrate. Between July and September, 33600 new mortgages were taken out for property purchases, or making it the busiest quarter since the conclude of 2007,according to data from the Council of Mortgage Lenders (CML).
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Source: theguardian.com

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