| BUY TO
LET MARKET ANNUAL SUMMARY |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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| |
|
Mortgages
outstanding at end of period |
|
Mortgages
outstanding at end of period |
|
Mortgages
outstanding at end of period
|
|
Gross
advances in period |
|
Gross
advances in period |
|
Gross
advances in period |
|
Mortgages
3+ months in arrears |
|
Maximum
LTV |
|
Minimum
rental cover |
| |
|
Number |
|
£m |
|
% of total by value |
|
Number |
|
£m |
|
% of total by value |
|
% of all mortgages |
|
% |
|
% or rental income |
| 1998 |
|
28,700 |
|
|
|
. |
|
|
|
|
|
. |
|
0.70 |
|
|
|
|
| 1999 |
|
73,200 |
|
5,400 |
|
1 |
|
44,400 |
|
3,100 |
|
3 |
|
0.50 |
|
75 |
|
130 |
| 2000 |
|
120,300 |
|
9,100 |
|
2 |
|
48,400 |
|
3,900 |
|
3 |
|
0.47 |
|
76 |
|
130 |
| 2001 |
|
185,000 |
|
14,700 |
|
2 |
|
72,200 |
|
6,900 |
|
4 |
|
0.55 |
|
80 |
|
130 |
| 2002 |
|
275,500 |
|
24,200 |
|
4 |
|
130,000 |
|
12,200 |
|
6 |
|
0.40 |
|
80 |
|
130 |
| 2003 |
|
417,500 |
|
39,000 |
|
5 |
|
187,600 |
|
19,200 |
|
7 |
|
0.33 |
|
80 |
|
130 |
| 2004 |
|
526,300 |
|
52,200 |
|
6 |
|
217,700 |
|
21,800 |
|
7 |
|
0.66 |
|
80 |
|
130 |
| 2005 |
|
701,900 |
|
73,400 |
|
8 |
|
223,800 |
|
24,500 |
|
9 |
|
0.65 |
|
83 |
|
127 |
| 2006 |
|
849,900 |
|
94,800 |
|
9 |
|
330,300 |
|
38,400 |
|
11 |
|
0.69 |
|
85 |
|
125 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Source: CML
Research |
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|