A new report from Mortgages for Business has analysed
buy-to-let purchase activity during the first three months of the year. Data
from the investigation suggests that investors are purchasing smaller and less
expensive properties. The lender says that average loan amount and security
values fell for all property types, with figures for ‘vanilla’ properties well
down on those seen over the last year. In addition, the opening quarter of the
year saw a shift in the buy-to-let market, from remortgaging to purchasing.
This was particularly strong amongst more complex property types, such as HMOs,
multi-unit freehold blocks and semi-commercial property. Read more on the
Landlord News website.
No comments:
Post a Comment