Just a small share of mortgage applications by personal buy-to-let (BTL) mortgage borrowers in the United Kingdom was for the purpose of a property purchase between 2018 and 2022. In the second quarter of the year, 9.5 percent of mortgage applications were for the purchase of a new property, while the overwhelming share - 90.5 percent - was remortgaging applications. Conversely, limited companies had a higher share of purchase applications.
Distribution of mortgage applications of individual buy-to-let (BTL) borrowers in the United Kingdom (UK) from 1st quarter 2018 to 2nd quarter 2022, by mortgage type
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Statista. (October 5, 2022). Distribution of mortgage applications of individual buy-to-let (BTL) borrowers in the United Kingdom (UK) from 1st quarter 2018 to 2nd quarter 2022, by mortgage type [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1393462/buy-to-let-individuals-purchase-remortgage-share-uk/
Statista. "Distribution of mortgage applications of individual buy-to-let (BTL) borrowers in the United Kingdom (UK) from 1st quarter 2018 to 2nd quarter 2022, by mortgage type." Chart. October 5, 2022. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1393462/buy-to-let-individuals-purchase-remortgage-share-uk/
Statista. (2022). Distribution of mortgage applications of individual buy-to-let (BTL) borrowers in the United Kingdom (UK) from 1st quarter 2018 to 2nd quarter 2022, by mortgage type. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1393462/buy-to-let-individuals-purchase-remortgage-share-uk/
Statista. "Distribution of Mortgage Applications of Individual Buy-to-let (Btl) Borrowers in The United Kingdom (Uk) from 1st Quarter 2018 to 2nd Quarter 2022, by Mortgage Type." Statista, Statista Inc., 5 Oct 2022, https://www.statista.com/statistics/1393462/buy-to-let-individuals-purchase-remortgage-share-uk/
Statista, Distribution of mortgage applications of individual buy-to-let (BTL) borrowers in the United Kingdom (UK) from 1st quarter 2018 to 2nd quarter 2022, by mortgage type Statista, https://www.statista.com/statistics/1393462/buy-to-let-individuals-purchase-remortgage-share-uk/ (last visited November 04, 2024)
Distribution of mortgage applications of individual buy-to-let (BTL) borrowers in the United Kingdom (UK) from 1st quarter 2018 to 2nd quarter 2022, by mortgage type [Graph], Statista, October 5, 2022. [Online]. Available: https://www.statista.com/statistics/1393462/buy-to-let-individuals-purchase-remortgage-share-uk/