This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

Buy-to-let Proves Popular with UK House Buyers

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


United Kingdom  Bank of England  Britain  Bloomberg  Buy to Let  Council of Mortgage Lenders  Mark Boyce  Zoopla  Nick Leeming 

Buy-to-let Proves Popular with UK House Buyers

By - Thursday 12 May 2011

Britain's buy-to-let sector has been experiencing a turnaround in fortunes of late, with landlords taking advantage of a drop in house values and low interest rates. The value of loans taken out by private landlords has increased by 22 per cent in the past year, data from the Council of Mortgage Lenders has revealed.

"Transactions are up, but buy-to-let landlords and cash investors are propping up the figures rather than owner - occupiers," Nick Leeming, business development director of property website Zoopla, told Bloomberg.

Indeed, this resurgence in the buy-to-let sector has been sparked, in part, by the recent financial crisis. The economic troubles have played a role in making the investments appear more attractive, while the Bank of England's decision to keep its benchmark interest rate at a record low of 0.5 percent for 27 consecutive months has ensured costs remain down.

The news provider added that restrictions on mortgage lending have prompted more Britons to rent homes.

"In the near term, the buoyant UK rental market should continue to support buy-to-let borrowers, but interest rate rises are a risk on the horizon," Mark Boyce, a credit analyst at Standard and Poor's, warned.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here


Visit Our Investment Terms Glossary



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus