A new study by Standard and Poor claims that buy to let mortgage holders are at a higher risk of coming into negative equity.

According to the research, 88% of buy to let mortgages were interest-only deals. This means that no equity was being repaid at all.

The research also said that landlords who took out their mortgages between 2006 and 2007 are more likely to be in arrears than those with mortgages from previous years.

This entry was posted on Tuesday, December 2nd, 2008 at 1:03 pm and is filed under Buy to Let Mortgages, Landlords. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.