Friday, 18 September 2015

Housing Stock: Landlords – Parliamentary Written Answer

Jim Shannon: To ask the Secretary of State for Communities and Local Government, what steps he is taking to monitor availability of homes in the Buy to Let category in the UK.
Brandon Lewis: Analysts in my Department monitor the buy to let market on a regular basis. Their analysis and estimates for the sector are based on data the Department has purchased from the Council of Mortgage Lenders. This is a private database with commercial in confidence data. Officials in my Department also have a wide range of meetings with lenders (both professional bodies such as Council for Mortgage Lender and Building Society Association) to monitor the buy to let market.

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