Huge rise in buy to let mortgage activity in 2021

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Huge rise in buy to let mortgage activity in 2021

UK Finance, the umbrella group representing major mortgage lenders, says there will have been a massive 83 per cent surge in buy to let lending by the end of 2021.

This will take the total borrowed by BTL investors in 2021 to £18 billion.

But this is dwarfed by the increase in house purchase mortgage borrowing - a total of £200 billion, up 53 per cent on last year. To continue reading, please Click Here

Source: Letting Agent Today

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