18 May 2006

Marking the ten years of buy to let, Mortgage Express, a founder member of the ARLA panel of mortgage lenders for the initial launch of the whole Buy to Let concept, has rejoined the panel. This now consists of Birmingham Midshires, GMAC Residential Funding, Mortgage Express, NatWest, Paragon Mortgages and The Mortgage Business.

ARLA, together with its supporting panel of forward-looking mortgage lenders, first introduced the concept of Buy to Let to the private rental market and to the nation in 1996, ten years ago this coming autumn.

Ten years on, the ARLA panel is still responsible for well over 50% of all outstanding buy to let loans in the most dynamic sector of the housing market.

Welcoming the return of Mortgage Express, Adrian Turner, Chief Executive of ARLA, said, "It is very fitting that Mortgage Express should be a part of the panel representing the most focussed group of Buy to Let lenders involved in the private rented sector."

 

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