Buy-to-Let Mortgage Loans Up

‘The number of buy-to-let mortgage loans reached its highest level for four years in 2012 with record rents encouraging landlords to expand their property portfolios.

According to figures from the Council of Mortgage Lenders gross buy-to-let lending reached £16.4bn over the year, up 19% on 2011. The total number of buy-to-let mortgages outstanding at the end of 2012 rose to 1.4m, or 13% of all mortgages, up from 12% in 2009 and 9.6% in 2006.

CML director general, Paul Smee, said: “The overall outlook for the buy-to-let sector is positive. Landlords who can demonstrate a strong track record are in a good position to expand their portfolios.”‘

Source: The Guardian

NICOLA HALL

BILSHAN MENSAH

Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.

ELANA DIMMER

Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.

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