Landlords 'playing diminishing role in mortgage market'         

Landlords 'playing diminishing role in mortgage market'         

Banking industry figures suggest that all types of borrowers for buy-to-let, account for less than 1% of all mortgage drawdowns last year. 

New figures from the banks confirm the diminishing role landlords are playing in taking out mortgages to purchase house rental properties during the Covid-hit year.

The banking industry group, the Banking and Payments Federation Ireland (BPFI) said that all types of buy-to-let borrowers accounted for less than 1% of all total mortgage drawdowns last year, as fewer houses were built in a Covid-disrupted market. 

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