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Continued Resilience of Buy to Let Market

26th February 2008 | back to article listings BACK    print this article PRINT

Stuart Law, Chief Executive of Assetz, responds to the latest report from CML, which suggest buy-to-let lending was up in 2007:

“I strongly support the CML’s latest survey data, which highlights the continued resilience of the buy-to-let market. The supply/demand imbalance is not going to go away and with a number of vulnerable buyers now holding off in the current market, demand for rented accommodation is strong, fuelling robust rental yields.

“The latest findings reinforce the strength of buy-to-let investors in the market place. With lower arrears and lower repossessions reported for buy-to-let investors when compared with the wider mortgage market, it is clear that investors pose lenders a far lower risk.

“We are continuing to witness substantial demand from buy-to-let investors for the right schemes, in the right places and those investors taking a medium to long-term view can be confident of strong returns.” 

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