17 Apr

Buy-to-let 'remains in strong shape'

Buy-to-let 'remains in strong shape'

In the main, small businesses in the buy-to-let market are not being affected by the problems seen in the housing market as a whole, according to one official.

Chief executive at the National Federation of Enterprise Agencies George Derbyshire stated that a different "dynamic" is seen in this sector, so there is unlikely to be the prospect of matters going "bust".

Although in some cases, Mr Derbyshire added, caution is the watchword of the day and service providers may not want to hand out products.

Moreover, the analyst contended, the owners of small firms are not immune to the worries apparent in the wider market.

"Small business owners generally also have mortgages on their private properties and are facing the same pressures and concerns as the rest of the population," he commented.

Building in the commercial sector has taken a knock form the credit crunch, Savills noted recently, as construction work decreased in February.ADNFCR-1222-ID-18556398-ADNFCR

Cookies We use cookies to ensure that we give you the best experience on our website. To find out more about our cookies policy, see our cookies policy here or in the footer.