Buy-to-let sales rose by a third in 2015

Buy-to-let mortgage sales rose by a third (32%) in 2015 compared to the year before.

Buy-to-let mortgage sales rose by a third (32%) in 2015 compared to the year before.

The data from Equifax Touchstone also found that residential sales rose by 17.2%.

The year-on-year increases were bigger than the year before, as overall sales went up by 16.6% from 2013 to 2014.

Iain Hill, relationship manager, Equifax Touchstone, said: “We believe that the market will grow again in 2016, despite the uncertain economic conditions.

“With several lenders joining or returning to the market and many products ranges being expanded, it looks like it is going to be a very exciting start to 2016.”

In December buy-to-let sales dropped by 19.4% from the month before, with residential sales shrank by 23.4%.