Mallow Street, London – currently to let

The buy-to-let mortgage market appears to be regaining in strength off the back of rising rents and increasing numbers of people unable to make the move onto the housing ladder due to economic uncertainty. The number of buy-to-let mortgage loans granted last year was the highest amount in four years. In total, 136,900 of the loans were advanced during 2012, the highest number since 2008 – though still far from the high of 346,000 seen in 2007. Gross buy-to-let lending reached £16.4bn over the year, up 19% on the £13.8bn advanced in 2011. These figures suggest those with the means and a good landlord track record may be in a position this year to expand their property portfolios. For more information, see the full article at:  The Guardian

The Modern House would be happy to assist with the purchase or letting of a property.