fbpx

Buy-to-let back on its feet

Nia Williams

November 13, 2009

Commenting, Ian Potter, operations manager of the Association of Residential Letting Agents (ARLA), said: “ARLA’s statistics show that landlords have increased their average number of properties from 6.3 to 7.0 during the past year due to low interest rates and higher rental yields.

“The Council of Mortgage Lenders rightly points out that the buy-to-market has faced some of the greatest challenges during the recession although it remains a crucial part of the UK housing market.

“ARLA welcomes the rise in buy-to-let lending, which suggests that the market is getting back on its feet following two years of pain through a lack of lending from high street banks.“


Sign up to our daily email