Buy-to-let section sponsor:
MMR: ARLA is unconvinced
In response to the FSA's paper on Mortgage Lending, Ian Potter, operations manager of the Association of Residential Letting Agents (ARLA), commented:
"The FSA appears to recognise the critical role that the buy to let market has to play in supporting the UK's housing needs in the years to come. Lending must be made available to landlords - of all sizes - as the private rental sector bears the burden of an increase in demand for housing and the lack of new stock coming onto market.
"In the wider sense, we remain unconvinced of the need to regulate the buy to let sector. What does require more stringent control is risk assessment, which has been highlighted in the report."
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