65% of mortgage lenders are worried about an increase in buy-to-let repossessions if rental yields reduce, according to latest research published in the annual Moore Blatch 2010 repossessions report. The report, which compiles the views of lenders and asset managers, also found that 61% are worried about an increase if there is a downward correction in house prices, and 56% are worried about an increase if there were to be an increase in interest rates. The views are held despite figures published by the Council of Mortgage Lenders showing encouraging signs of growth in gross lending for the buy-to-let market towards the end of 2009. Paul Walshe, head of lender services, Moore Blatch, said: "The fact that mortgage lenders are worrying for the future of the buy-to-let market is hardly surprising. The reduced cost of borrowing is a double edged sword whilst it is true that it is cheaper for landlords
