000			01399cab a2200205 4500
001			##L134625
008			060821n2006 000 0 eng u
035			_a(Sirsi) u134625
041	0		_aeng
110	2		_aCouncil of Mortgage Lenders _95903
245			_aBuy-to-let borrowing sets new records
260			_c2006
490			_aCML Press Release _v16 August 2006
520			_aBuy-to-let borrowing set a new record in the first half of 2006 with lenders advancing 152 500 loans worth £17.5bn, representing a 17% increase by volume and 20% by value over the totals posted in the second half of 2005, the previous record. The total number of residential buy-to-let mortgages in the UK has reached 767 000 valued at £83.9bn. The residential investment mortgage market now accounts for 8% of the value of the outstanding UK lending compared to 7% in the first half of 2005. There are now 11.6m mortgages in the UK worth more than £1trillion. The proportion of buy-to-let mortgages in arrears of three months or more rose from 0.68% of the stock to 0.73% in the first half of 2006.
590			_aIKA220806 NTK
651		4	_aUnited Kingdom _y
690			_aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY FINANCE AND INVESTMENT-MORTGAGING RESIDENTIAL PROPERTY
856	4	0	_uhttps://www.cml.org.uk/cml/media/press/890 _zView the market summary free of charge at www.cml.org.uk...
942			_n0
999			_c77596 _d77596