Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it

BTL boom continues

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Written by mfuser   
Friday, 11 November 2011 00:00
The number of mortgage valuations carried out for buy-to-let investors have almost doubled over the past year, according to Connells Survey and Valuation. Strong annual growth in valuation activity continued in October, with the buy-to-let sector said to have played a 'crucial role' in the rise. Indeed, there were 89% more valuations conducted for buy-to-let investors than in October 2010, with buy-to-let activity now responsible for 13% of all valuations it conducts, the highest proportion seen since January. "As demand for rental accommodation has gone from strength to strength, so too has landlords' appetite for mortgage finance," said John Bagshaw, the firm's corporate services director
Last Updated on Friday, 27 January 2012 11:48