Its been well documented in the press in the last few weeks that there has been an increase in mortgage lending.
But although this is true, here in Camberley, the highest number of applications are for remortgages on two year deals, as clients are not sure about fixing for a longer period.
The second biggest applications for mortgages came from “Buy To Let” landlords.
Now that the recession is over, (since last January), I have seen a steady increase in the “Buy To let ” Market.
The government, local and national, are not going to build any more social housing at present, so that means there is going to be a shortage of property.
So the private landlord, is going to have to fill the gap.
If you want me to seek out the best “Buy To Let” Mortgage nationally, give me a call.