“Vanilla” buy to let mortgages had a good year in 2011, exceeding the expectations of the CML.
Buy to let figures for 2011 | ||||
Q1 | Q2 | Q3 | Q4 | |
Average loan size | £116,238 | £126,522 | £144,006 | £126,240 |
Average property size | £175,819 | £187,708 | £224,639 | £198,529 |
Average loan to value | 66% | 67% | 68% | 65% |
Average yield | 5.6% | 5.8% | 6.3% | 6.13% |
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