Business mortgages, or buy-to-let (BTL) mortgages, are a loan sold to property investors, rather than to people who want to purchase a home to live in. As of the fourth quarter of 2019, multi-unit freehold blocks (MUFB) saw the highest average property value at over 656.8 thousand British pounds.
Average buy-to-let property value in the United Kingdom from 4th quarter 2016 to 4th quarter 2019, by property type
(in GBP)
The source adds the following information: "A house in multiple occupation (HMO) is a property that is rented out by at least 3 people who are not from 1 ‘household’ (for example a family), but share facilities such as the bathroom and kitchen.
Multi-unit freehold blocks (MUFB) This is a single building with multiple, separate, independent residential units owned under a single freehold title. Examples include purpose-built blocks of flats or Victorian/Edwardian houses converted into flats.
Semi-commercial property, also known as mixed use investments, as both names suggest these properties are made up of part commercial and part residential elements, typically shops or offices with flat above.
Vanilla buy-to-let - these are standard buy to let transactions. Properties in this category tend to be normal 2-3 bed houses and 1-2 flats. Both borrowers and properties fit the general lending criteria for off-the-shelf products offered by the mainstream buy to let lenders."
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Mortgages for Business. (February 18, 2020). Average buy-to-let property value in the United Kingdom from 4th quarter 2016 to 4th quarter 2019, by property type (in GBP) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1121147/buy-to-let-average-property-value-united-kingdom-by-property-type/
Mortgages for Business. "Average buy-to-let property value in the United Kingdom from 4th quarter 2016 to 4th quarter 2019, by property type (in GBP)." Chart. February 18, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1121147/buy-to-let-average-property-value-united-kingdom-by-property-type/
Mortgages for Business. (2020). Average buy-to-let property value in the United Kingdom from 4th quarter 2016 to 4th quarter 2019, by property type (in GBP). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1121147/buy-to-let-average-property-value-united-kingdom-by-property-type/
Mortgages for Business. "Average Buy-to-let Property Value in The United Kingdom from 4th Quarter 2016 to 4th Quarter 2019, by Property Type (in Gbp)." Statista, Statista Inc., 18 Feb 2020, https://www.statista.com/statistics/1121147/buy-to-let-average-property-value-united-kingdom-by-property-type/
Mortgages for Business, Average buy-to-let property value in the United Kingdom from 4th quarter 2016 to 4th quarter 2019, by property type (in GBP) Statista, https://www.statista.com/statistics/1121147/buy-to-let-average-property-value-united-kingdom-by-property-type/ (last visited December 30, 2024)
Average buy-to-let property value in the United Kingdom from 4th quarter 2016 to 4th quarter 2019, by property type (in GBP) [Graph], Mortgages for Business, February 18, 2020. [Online]. Available: https://www.statista.com/statistics/1121147/buy-to-let-average-property-value-united-kingdom-by-property-type/