Stuart Law, Chief Executive of Assetz, comments on the CML’s buy to let figures out today:

“The buy to let sector is in rude health and we are seeing thousands of new investors register with us every month. The average loan to value of 75% available on buy to let mortgages is not a hindrance to investors as generally speaking they are looking for a safe place to put their cash that will produce a healthy and reliable return and mortgages are used tactically on modest loan to values to enhance long-term capital growth potential. We have seen substantial transaction growth every quarter over the last three years and expect this to continue for the foreseeable future given the appalling bank savings rates on offer.”

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