UK buy-to-let landlords are at risk to booms and busts that could magnify a housing market crash the Financial Policy Committee warns.

The latest figures from the CML show mortgage lending of £138.6bn so far this year and £20bn for August.

The government’s Help to Buy scheme has hit record levels in June for the equity loan part with 4,745 completions.

The number of remortgage buyers increased by 30% in June as homeowners change to cheap fixed rate loans before interest rates rise.

The Council of Mortgage lenders has reported mortgage loans for house buyers reached £22 billion in July, a new post-crash record.

Mortgage lending by value to first time buyers increased 24% over the month following a poor first half of the year, says CML.

Figures from the Council of Mortgage Lenders show mortgage lending has recovered since the election and reached a seven year high.

Buy-to-let landlords will be restricted to only four properties and a lower £2 million maximum portfolio size.

The Bank of England report shows homeowners are encouraged by the low interest rates to repay mortgages to lenders.

Annual house price rise in April is 5.5% down from 9.6% in March, says ONS, while the number of Help to Buy completions have decreased.

The number of mortgages approved in April increased 9.9%, the highest monthly rise for six years according to the Bank of England.

Tax breaks add £14 billion to landlord buy-to-let income boosting the sector while first time buyers are priced out of the market.