BTL Remortgaging on a Mini-Boom After Levels Reach a New High in Last 3 Years
Since the fall in 2009, BTL remortgaging has been on a consistent rise with a new high being created in the first quarter of 2013. With average UK rents rising by 13.6% since 2009, investors are again looking towards the property market. The end of 2012 witnessed a strong move with net mortgages lent was 19% higher than the previous year. Average gross yields are also on the rise to 6.4% from 6.3% in 1st quarter of 2013 on standard...
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