The power of buy to let

Figures out from the Council of Mortgage Lenders today show that buy to let mortgage lending – mortgages for landlords buying property to rent out – has reached a record high. Now £1 in every £8 of mortgage lending goes to buy to let.

The appeal is obvious. It feels like every week a news story goes out reporting rising rents. And, as research by Jones Lang LaSalle found, many subscribe to the “small island” theory – that … Read more