Monday, 31 January 2011

propertytalk Live! - Brokers predict 2011 buy-to-let bounce

propertytalk Live! - Brokers predict 2011 buy-to-let bounce

The return to health of the buy-to-let mortgage market continues to gather pace, with nearly half of mortgage brokers expecting to increase the level of buy-to-let business they introduce during 2011, new research reveals.

Paragon’s Financial Adviser Confidence Tracking Index (FACT), a panel-based survey of mortgage brokers, found that 46% of intermediaries expect to introduce more buy-to-let mortgage business during the year.

Nearly two out of 10 (17%) expect to see an increase in buy-to-let business of 10% or more during 2011, with 29% expecting to do up to 10% more business.

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