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Buy To Let Investment Beating Pension Investments

Buy To Let Investment Beating Pension Investments

Buy To Let More Popular Than Traditional Pension Saving

There has been a lot of editorial commentary in the media focusing on the surge in UK Buy To Let property investment over recent weeks.

There are numerous reports that the total value of properties owned by 2.5 Million buy-to-let investors is fast approaching the total amassed in workers’ pension schemes built up over decades of employment.

The Telegraph reckons that a total of £1.25 Trillion (GBP) has been invested in buy to let property and this figure is still increasing compared to £1.6 Trillion (GBP) that has been invested in pensions.

Changes to pension legislation announced by Chancellor George Osborne in the Spring 2014 budget, could see more money taken out of pensions and put into the UK’s Buy To Let (BTL) market.

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Buy-To-Let Mortgage Lending Up 20% Over The Last Year

Buy-To-Let Mortgage Lending Up 20% Over The Last Year

UK Buy-to-let mortgage lending has increased by 20% year-on-year during 2012 to reach its highest level since the UK property crash of 2008.

The appetite for buy-to-let mortgages has been boosted by strong demand from frustrated first time buyers, who end up as tenants as they are unable to get themselves on the property ladder. This strong tenant demand has in turn pushed up private rented sector rental prices as tenants find that they have become financially trapped.

£16.4 Billion (GBP) worth of buy-to-let mortgages have been taken out over the last year, showing a 19% annual increase, the Council of Mortgage Lenders (CML) said.

Around £4.6 Billion (GBP) worth of buy-to-let mortgages were advanced in the last three months of 2012, representing a 10% increase on the previous quarter.

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