Buy-to-let mini-boom will continue, with new investors snapping up a fifth of properties | Mail Online

Buy-to-let mini-boom will continue, with new investors snapping up a fifth of properties | Mail Online

Buy-to-let is forecast to continue its mini-boom, despite the dark clouds hanging over the property market, according mortgage brokers.
Landlords are predicted to buy more properties and a growing number of first-time investors make up 23 per cent of all buy-to-let business, a report has revealed.
It highlights that while first-time buyers are struggling and homeowners are experiencing a squeeze from lenders raising mortgage rates and cracking down on cut-price interest only loans, buy-to-let is resurgent.