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Demand for buy to let mortgages has dropped, claims LettingFocus.com

There is less demand for buy to let mortgages currently than there was a few years ago, according to a LettingFocus.com industry analyst.David Lawrenson, landlord expert at the company, explained that this drop has a lot to do with the weakened state of the overall housing market.He suggested a major factor is the deposit required to secure a buy to let mortgage, with 25 per cent being the typical figure asked for by lenders. Read more:

 

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