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Converted Lurker

Paragon Completes Another £1bn+ Buy-to-let Mortgage Securitisation

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"To illustrate this, arrears on buy-to-let loans remain consistently lower than on the mortgage market overall. Just 0.68% of buy-to-let loan accounts were 3 months or more in arrears as at end December 2005, versus 0.91% for the mortgage market generally, based on latest CML data. And arrears on the Paragon Mortgages and Mortgage Trust portfolios are even lower than the average for buy-to-let lending, at just 0.08%."

http://firstrung.co.uk/articles.asp?pageid...1594&cat=47-0-0

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"To illustrate this, arrears on buy-to-let loans remain consistently lower than on the mortgage market overall. Just 0.68% of buy-to-let loan accounts were 3 months or more in arrears as at end December 2005, versus 0.91% for the mortgage market generally, based on latest CML data. And arrears on the Paragon Mortgages and Mortgage Trust portfolios are even lower than the average for buy-to-let lending, at just 0.08%."

http://firstrung.co.uk/articles.asp?pageid...1594&cat=47-0-0

That is assuming of course that all the BTL properties that are currently being let have been bought with a BTL mortgage..... which I am sure they are :unsure:

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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