11 July 2006

Buy to let mortgage market 10 years old

The Financial Times carries a report on the buy to let mortgage market. Apparently the market for specific buy to let mortgages got underway in 1996.

For many years the mortgage market had been highly regulated. Lenders were conservative and buy to let was perceived to be a high risk form of lending. In the event, with properties rising in price, the risks to date have been minimal.

To read the article, click on the post title.

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