Investment mortgages are king
Posted
@ Apr 1st 2007 2:04pm
- By GCPN Property Network
A record one in three new mortgages were sold to property investors in March 2007 as opposed to owner occupiers, according to figures published today by mortgage broker AFG.
The positive growth within the investment sector is predominantly found in house and land purchasing and is due to rising rents and strong demand from the rental sector wanting house and land instead of apartments
.