There were many who cried buy to let cannot survive when we were reeling in the darkest days of the credit crunch. Well the truth is that buy to let landlords were more resilient than many economists and ever more optimistic property professionals had thought.
Even though buy to let landlords have had a real battle to obtain suitable funding for the expansion of their property portfolios, they have battled on and many are now reaping the rewards. They may not have great cause for celebration but they are looking forward to improving rents and capital values. So why has the world of buy to let not withered and died?
The reason as with most economic markets, is that most robust of economic laws ?simple supply and demand?, whatever is happening in the property world, people often forget that buy to let properties are just that properties. There is without a doubt a shortage of properties in the private rented sector so with a ready market it should not prove difficult for any landlord who bought sensibly to turn a coin even in the recent challenging times.
Buy to let landlords come in from the cold
November 30, 2009
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