The buy-to-let remortgage market has been steady over the past seven months, fluctuating between 15,000 and 12,500 remortgages each month.
Adrian Moloney, sales director at OneSavings Bank, said: “Buy-to-let activity is heading in the right direction. However, it’s still too early to say this is a trend with any meaning.
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“Yet, with uncertainty pervasive in the market and the crackdown on taxation still having repercussions for landlords’ profits, this is encouraging news and highlights the resilience of the market."
imogen.tew@ft.com
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