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We saw a modest shift towards buyers using cash rather than mortgages to fund buy to let investments in the first quarter of 2012, perhaps due to a mild slowdown in lending given the Basel III capital restrictions.
Encouraged by get-rich-quick TV programmes, a perceived decline in traditional pension schemes and a feeling that you could not go wrong investing in property, buy to let boomed.
LONDON, October 30 /PRNewswire/ -- At a time of uncertainty in the housing market, the publication this week of the annual ARLA, CML Guide to Buy to Let will help to clarify the role of investment in residential rental housing.
The buy-to-let market is simply not large enough to cause a general downturn all by itself," says Fitch, the credit ratings agency, in its report Demystifying UK Buy to Let.
LONDON, England, November 13 /PRNewswire/ -- Weekend reports that claim Buy to Let repossessions are on the increase are irresponsibly wide of the mark, ARLA the Association of Residential Letting Agents said today.
The ARLA panel of lenders, Birmingham Midshires, GMAC Residential Funding, NatWest Mortgage Services, Paragon Mortgages and The Mortgage Business, represent some 40 per cent of all Buy to Let mortgage lending.
The ARLA panel of lenders, Birmingham Midshires, GMAC Residential Funding, NatWest Mortgage Services, Paragon Mortgages and The Mortgage Business, represent some 40% of all Buy to Let mortgage lending.