Category Archives: Property Investment

Buy To Let Lending Soars

The buy-to-let market rocketed last year, according to the latest data from the Council of Mortgage Lenders.

At the end of last year there were an estimated 1.3 million buy-to-let mortgages outstanding, worth £152bn, accounting for 12% of the total value and 11.5% by number of mortgages outstanding.

The total value of buy-to-let lending in 2010 was £10.4bn (22% higher than in 2009), and the total number of loans advanced in the year was 102,000 (10% higher than the previous year).

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New Advertising Media Added

Burnsey has many overseas investor clients and many of those are from the Emerald Isle!

Especially with the Northern Irish investor continuing to see the UK mainland as a great place to buy property, we are pleased to announce we are now an advertiser with the market leader in Northern Ireland property marketing Property News.

Always striving to reach the widest possible market, contact us to have your property featured.

BTL Investment Continues To Improve

There was an increase in investment into the buy to let market in the third quarter of this year thanks to a strong demand for rental property.

A total of £2.8 billion was advanced to landlords in the three months to the end of September, 33 percent more than during the same period of 2009 and the highest level since the final quarter of 2008, according to the Council of Mortgage Lenders (CML).

 

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