TITLE

BTL now just 6% of lending

AUTHOR(S)
Jones, Lee
PUB. DATE
May 2009
SOURCE
Money Marketing;5/21/2009, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decrease of buy-to-let (BTL) mortgages in Great Britain in 2009. Results of the market analysis reveal six percent total BTL gross mortgage lending which is only half of the previous year. The decline on BTL lending is associated to the weak housing market and the reliance of lenders to wholesale marketing.
ACCESSION #
41687455

 

Related Articles

  • Repossessions on the rise. Botbol, Nicolette // Mortgage Strategy;2/5/2007, p16 

    The article reports forecasts on the rate of repossessions in Great Britain in 2008. Based from the assessment of the Council of Mortgage Lenders, repossessions will rise by 65 percent in 2006, up from 10,310 in 2005. It is expected to reach 20,000 in 2008. According to propertyfinder.com CEO...

  • Thanks and goodbye to income multiples. Biddle, Simon // Mortgage Strategy;5/14/2007, p48 

    The article analyzes the termination of income multiple mortgages in Great Britain. According to the author, many lenders are now offering affordability calculators as they leave from an outdated traditional multiples. He explains that affordability calculators are driven by a formula of maximum...

  • MORTGAGE VIEW: Lost and found.  // Design Week (Online Edition);10/7/2011, p32 

    The article presents information on the house financing market in Great Britain. It informs that according to a survey by YouGov PLC, half of people in the range of 20-34 year olds feels that biggest factor in buying a property on hold was amount of deposit required by lenders. A survey by the...

  • What is value? Glover, Peter // Mortgage Finance Gazette;Dec2013, p31 

    The article offers author's insights about the various aspects of mortgage valuations. The author provides an overview on the history of mortgage valuations. He also talks about the early Guidance Notes applied until July 1, 1999 which makes the valuations for building societies, banks and other...

  • Lending forecast raised by CML. Anker, Guy // Money Marketing;10/12/2006, p28 

    The article reports that the Council of Mortgage Lenders (CML) in Great Britain is expecting gross lending in 2006 to beat previous forecast. The council is forecasting that around £340-£345 billion of business will be transacted in 2006 compared to the £288 billion in 2005 and its June...

  • RISK OF DEFAULTS COULD BE RISING.  // National Mortgage News;2/6/2006, Vol. 30 Issue 18, p29 

    The article reports that housing market observers in the United States are expecting an increase in mortgage defaults in 2006. The prediction was based on rising interest rates, the proliferation of new loan products and the seasoning of loans originated in 2003 and 2004. Analysts also expected...

  • Higher rates rock investors. De Lange, Lucas // Finweek;8/17/2006, p84 

    The article reports on a forecast that there will be a relatively cooling off in the house market over the rest of this year and even the livelihood sector in South Africa. The reason is that the country's lower income groups have a limited capacity to afford higher mortgage repayments. Some...

  • Green shoots ahoy! Styles, Gary // Lending Strategy;Feb2009, p14 

    The author discusses his forecast for Great Britain's mortgage and housing business in 2009. He points out that making a forecast for the sector has become more challenging because of the uncertainties surrounding the world economy and the financial sector. The author claims that the forecasts...

  • Lengthy List of Bad Signs In the Origination Market. Berry, Kate // American Banker;1/19/2011, Vol. 176 Issue 10, p9 

    The article presents a business forecast for mortgage origination in the U.S. as of January 19, 2011. Home mortgage lending was not expected to increase significantly. This is ascribed to factors such as a large stock of foreclosed properties which had yet to be put on the market, and rising...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics