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rental property business

Exclusive : How to start a rental property business

Exclusive : How to start a rental property business

by on April 30, 2018

The number of buy-to-let loans being taken out is still rising each year.

According to new government figures, around £1 in every £7 lent on mortgages go to private landlords. Falling house prices in some parts of the country has led many existing landlords to snap up more properties while the prices remain low.

It is also a fact that most banks and building societies are much more inclined to lend money to established landlords because they are seen to carry less risk. Not only are landlords buying up more property, but regular homeowners who have paid off their mortgage are now looking at the buy-to-let market for the first time for a bit of extra retirement security. [more…]