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Welcome to our news and information page where you will find up to date news items about the UK property market, and helpful articles to enable you to sell or rent out your property quickly.Landlords see light at the end of the tunnel
Buy-to-let landlords are dipping their toes back into the property market for the first time in two years amid signs of a house price recovery.
The Council of Mortgage Lenders (CML) reported yesterday that buy-to-let lending rose by 10 per cent in the three months to September, compared with the previous three months, after a period of near-hibernation for landlords, who were hit particularly hard by the mortgage drought.
The CML also reduced its forecast for the number of homeowners whom it expects to be repossessed this year from 65,000 to 48,000 — a shift that reflects the beneficial effects for struggling homeowners of low interest rates, lender forbearance and government measures to help keep people in their homes.
