CML: Prospects for buy-to-let
Thursday, 17 November 2011
9:09 AM
Buy-to-let lending has grown strongly in each of the last two quarters, although levels of activity remain significantly lower than the peaks of 2007. But what are the future prospects?
Today’s issue of CML News & Views looks at what’s driving the buy-to-let market. The fundamentals of growth in the number of UK households, a chronic under-supply of housing and continuing constraints on access both to owner-occupation and social housing, suggest that demand for rented accommodation will remain strong, with buy-to-let looking set to continue its recent revival.
Today, we also look at the impact of lower-than-expected mortgage arrears and possessions and consider how this may affect prospects for mortgage securitisation.
To see all the stories in full, go to the latest issue of CML News & Views.
Bernard Clarke
Council of Mortgage Lenders
tel: 0207 438 8923
website: www.cml.org.uk
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