Majority of new lending is going to buy-to-let landlords | Mail Online
Banks and building societies are lending more money to landlords than to ordinary homeowners, a study of mortgage data has revealed.
It is the latest sign of Britain’s dysfunctional housing market in which buy-to-let purchasers are increasing their mortgage borrowing at a record rate while mainstream homeowners are paying down debts and sitting tight. It will add to the despair of younger people, many of whom now fear they will never be able to buy.
An analysis of ‘net’ lending figures – measuring the difference between what comes in and what goes out in the entire mortgage system – shows that by the end of
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