19 Nov

Mortgage finance 'boosts buy-to-let'

Mortgage finance 'boosts buy-to-let'

The buy-to-let industry is being boosted by continued high rental demand caused by the difficulty of getting mortgage finance, it has been stated.

Steven Hilton, the media relations manager for the National Landlords Association, said: "Demand for rental property remains high across the UK as more potential buyers turn to the private-rented sector as it becomes increasingly difficult to get hold of mortgage finance."

He noted that some landlords are "reluctant" ones who have put their homes on the rental market because they have been unable to sell them.

Mr Hilton advised that those in such a position should seek advice and information as there are regulations to which they must adhere.

In related news, the National Approved Letting Scheme (NALS) has welcomed the fact that it is having discussions with the housing minister responsible for the rental sector, Iain Wright, on how to make the lettings agenda fit better with both government policies and public requirements.

ADNFCR-1222-ID-18884958-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.