Buy to let will support mortgage market by Finance News Bulletin

Published: 25/11/07

pay money for to let mortgages may continue to support the overall mortgage market, according to experts at Nationwide Buy to let continues to be buoyant, and this continuing strength could underpin a mortgage loan marketplace that slipped somewhat during JanuaryThe question of whether house prices will carry on to climb, stay stable, or slip could be prejudiced by the buy to let marketplace The chief economist at Nationwide, Fionnuala Earley, reportedly said that the mortgage market would be reserved steady by a weak supply of properties

Supply constraints and high insist keep house prices climbing She reportedly supposed: "This lack of provide will mean that house price inflation will remain firm for a while longer, before slowly easing"Buy to let seems to go from power to power According to recent figures from the National Association of Estate Agents, letting remained physically powerful during 2006, representative renewed strength for the buy to let division

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