Landlord Remortgaging Reaches Record High

The number of landlords looking to remortgage is now at an all-time high. Paragon’s Financial Adviser Confidence Tracking (FACT) survey for the third quarter of 2018 highlights a sharp increase in the proportion of landlords remortgaging – up from 49% in the second quarter to 57% of all buy-to-let business. In contrast, the proportion of first-time landlord business fell from 14% to 10% and landlords looking for finance for portfolio expansion was down from 23% to 19% of the total. Read more on 24housing.

https://www.24housing.co.uk/news/landlord-remortgaging-reaches-record-high/