A survey of 18 mortgage lenders reports that the buy to let sector has seen a rise in mortgage deals of no less than 49 per cent in the past year.
The annual survey by software company IRESS reveals that the 2014 Mortgage Market Review continues to have an impact in terms of delaying mortgage agreements for all types of borrower, with the average number of days to offer – a key measure of efficient customer service according to the company – now significantly higher than before MMR.
This is despite a slight improvement on the 2015 delay.
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