Buy to Let Market 06 02 2008 - News Archive

Buy to Let Market

According to reports the buy-to-let market should remain strong. The Council of Mortgage Lenders has stated that the number of buy to let landlords was far greater than the number of first time buyers for 2007. There were around 300k new buyers entering the market in 2007 which was 44% less than in 2002.

There is a great demand for good quality rental property as this is the only option open to some people who are struggling to get on the property ladder. Whilst interest rates and property prices do seem to be coming down many areas are still out of the reach of some potential home owners.
 
:: Added on: 06:02:2008 ::

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