Huge rise in buy to let mortgage activity in 2021

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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It’s no secret that the younger generation in Attleborough is finding it tough to get onto the property ladder. With the rising cost of living, stagnating wages, and stricter mortgage criteria, it's no surprise that fewer under-34s are becoming homeowners.

Attleborough homeowner? Curious about the trends in the Attleborough's property market? One measure is the average price paid for homes bought and sold in Attleborough in the last 12 months, on a rolling month by month basis.

Attleborough homeowner or landlord? Curious about the trends in the Attleborough's property market? One measure is the average price paid for homes bought and sold in Attleborough in the last 12 months, on a rolling month by month basis.

The government announced an increase in stamp duty for second home purchases. Buyers of additional properties, including buy-to-let investments and holiday homes, will face a higher rate of stamp duty compared to primary residences.