Buy to Let Mortgage Boom

Despite recent turmoil, Buy to Let investor confidence is high.

Although some reports show that the Buy to Let mortgage market is slowing as
a result of recent turmoil, The Landlord Association's confidence report
shows that investors are still buying and not selling.
The Landlord Association has a base of over 16,000 members and Dean
Woodman-Evans, Membership Director said:

"The fundamentals of buy to let remain extremely sound. Average rental
yields are up and demand far outweighs supply across the whole of the UK."

Even though interest rates look likely to continue to rise, the Buy to Let
market is still strong. The Council of Mortgage Lenders (CML) said that BTL
lending and home extension remortgages hit an all time high back in July
totalling £7.8 Billion.

With the recent trouble in the world financial markets, interest rates are
rising and this puts pressure on the first time buyer market. This shows an
additional requirement for rental property to cater for this gap in the
first time buyer market. The rental market will respond to this requirement
and the trend for more rental properties by investors will no doubt
continue. Landlord's will no doubt have to make their own increases to
rental rates, but this is understandable if interest rates continue to rise.

The buy to let mortgage market is a complex market and one difficult to
predict, with the scale of investors ranging from small 1-2 property
investors through to large portfolio holders with hundreds of properties.
The previous and current trends show that BTL is still very strong.

The Council of Mortgage Lenders News and Views 11/09/2007
Apply for a Buy to Let Mortgage

Keep posted for more information on the Buy to Let market.



.

Relevant Pages

  • Re: EXTENDING CREDIT - Fed Offers Banks Loans Amid Crisis
    ... He merely shifts it to the government, ... :bubble bails out the investors for their bad investment choices. ... :a mortgage in the first place, ... If you studied the market, you saw a flight to Treasuries, ...
    (soc.retirement)
  • Re: US stocks full of fraud, Ponzi Scams, automatic losses
    ... by Market makers and hedge funds and nothing to this second is going ... world for investors yet the politicians and market people simply ... by money market ... Stocks are set up for insiders, hedge funds and brokers where most ...
    (misc.invest.stocks)
  • Fraud in the Markets the Second Biggest Problem
    ... market makers and hedge funds allowed to rip investors ... by Market makers and hedge funds and nothing to this second is going ... Stocks are set up for insiders, hedge funds and brokers where most ...
    (talk.environment)
  • ASH: "Wall Street Angels" one-shot
    ... "I wish we'd been able to do more to protect our investors," Sam ... "Our Founder cherishes the entire market, Sam," Mike reminded him. ...
    (rec.arts.comics.creative)
  • Bernankes No-Win Decision Tomorrow.
    ... mortgage lenders and Wall Street bankers. ... pressures the Federal Open Market Committee, ... separate part-time investors from all-out speculators. ... It was foreign investors, using the hard-earned savings of foreign ...
    (soc.culture.cuba)