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Mortgage article 19:Buy-to-Let Continues to Grow; page 2

Commenting on the latest figures, the CML's Deputy Director General Peter Williams said:

"Buy-to-let continues to be an attractive option for investors, particularly at a time when stock market returns are looking uncertain. But borrowers need to view buy-to-let as an investment for the long term, over which it offers prospects for both capital growth and income. 


"Lenders are keen to see buy-to-let develop but remain sensitive to the need to maintain credit standards. However, it is encouraging that rental cover remains constant and arrears in the sector continue to be significantly lower than for the residential mortgage market as a whole. This suggests that borrowers are also being realistic in assessing their responsibilities and the risks." End of article - Back to mortgage articles list

 

 

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