Buy to let back as landlords expand their residential property holdings by 20%

The last year has seen the number of buy to let properties expand by an impressive 20%. Banks are keen to point out that they are not favouring buy to let landlords over first time buyers. If you ask yourself how you would behave if you had to reduce the banks risk would you lend to highly geared first time buyers with a limited track record? Or would you favour experienced landlords who probably have other assets in the back ground? Many landlords are the cash rich in their 40’s and 50’s who are just buying one or two properties to help supplement their depleted pension pots.