Gus Park, head of buy-to-let at Mortgage Express, commented: “These latest lending figures demonstrate just how robust the buy-to-let lending market continues to be. As buy-to-let celebrates its tenth anniversary, the market continues to enjoy strong landlord confidence and tenant demand. Combined with the current healthy housing market, which continually attracts investors with prospects for long-term capital gains, the market experienced record growth over the first half of the year.
“We expect this growth to continue over the coming months as existing landlords extend their portfolios and new investors see bricks and mortar as a viable investment vehicle to save for a secure future. Indeed, buy-to-let lending balances have grown by 32 per cent when compared with the same period last year.”
