Buy-to-let market still buoyant but slowing - CML

According to data compiled by the ,a href="http://www.cml.org.uk" target="_blank">CML, there were around 473,000 buy-to-let mortgages – worth £46.8bn - in use at the end of June, compared with just 417,500 BTL mortgages worth £39bn at the end of 2003. This growth is still substantially slower than the last half of 2003 – when value and number of BTLs grew by 50% - even though the number of loans advanced is 6% higher and the value of mortgages is generally 3% higher. Arrears in the buy-to-let sector still appear to be around half the level of the mainstream home-buying market, with o...