Economics
Buy-to-Let Property Borrowing Is Losing Favor in the U.K.
Photographer: Simon Dawson/Bloomberg
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Britain’s love affair with buying property to rent it out is on the wane.
Buy-to-let borrowing as a share of all mortgages has fallen to the lowest level in six years, according to data from the Bank of England. It had accounted for more than one fifth of such home loans at the start of 2016.