The Council of Mortgage Lenders (CML) is suggesting that taking out an interest-only mortgage can be a sound decision for landlords, as this type of mortgage will reduce borrowing costs for investors who do not want outright ownership of a property. According to the CML, 171,800 new buy-to-let mortgages, totalling £21.2 billion, were approved in [...]

More: Optimism pervades buy-to-let