The number of buy-to-let investors in prime central London fell by almost a third, Land Registry data has shown. Jessica Nangle September 19, 2017 The average price for buy-to-let properties has fallen 27% to £816,429 over the last 12 months. Homebuyers now represent 45% of all purchases, tripling their share from 2016, with the increase…
DetailsThe bridging finance sector has continued to see solid growth during the second quarter of 2017, according to the West One Bridging Index. The index found that gross annualised lending increased to £4.3bn in June, 4.2% up on June 2016 and approaching last year’s pre-EU referendum high of £4.4bn. West One also found that the…
DetailsCar crash’ expected in BTL market following PRA changes The buy-to-let market is set to be a ‘car crash’ following the implementation of underwriting changes for portfolio landlords, according to an industry expert. Speaking on a panel at the Financial Services Expo in London today, Mortgages for Business chief executive David Whittaker (pictured) said a…
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