Growing Demand for Buy-to-let Mortgages
The constantly evolving buy to let mortgage market has been contributing to the increase in demand for investment properties ever since buy-to-let investing became a mainstream form of investing.
Ever since buy-to-let mortgages were first introduced to the UK in the mid-1990s, demand for private rental properties has increased considerably.
According to the Council of Mortgage Lenders (CML), the number represents not only a 48% rise in volume but a 57% increase in value since 2005. The total number of buy to let mortgage in the UK is now said to stand at a total of £94.8 billion, with buy-to-let mortgage lending ...