Buy to let mortgage lending still performing well in UK housing market
The latest data from the Council of Mortgage Lenders shows that lending to first time buyers in the UK increased month on month and on an annual basis in September. Home owner remortgage activity also increased month on month and on an annual basis, but lending to those moving home saw a dip in lending in September compared to August. Buy to let activity continues to grow with many regarding this type of asset a safe investment amidst growing concern over the state of the global economy.
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