Private Rented Housing: Sales

(asked on 21st November 2024) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the number of buy-to-let properties that have been sold in the last 12 months, and how this compares with the previous 12 months.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 4th December 2024

According to UK Finance’s latest quarterly Buy-to-Let statistical release (published 22 October), in Q2 2024 there were 51,459 new buy-to-let loans advanced in the UK, worth £8.9 billion. This was up 26% by number (27.7% by value) compared with the same quarter in the previous year.

There is a wide variety of data and statistics about the mortgage market in the UK available from the Bank of England [1] , the Financial Conduct Authority [2] and UK Finance [3].

[1] https://www.bankofengland.co.uk/statistics

[2] https://www.fca.org.uk/data

[3] https://www.ukfinance.org.uk/data-and-research/data

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