Even landlords might start to feel the pinch

The buy to let market has continued to rise and rise throughout the last decade but there are signs appearing that many buy to let landlords are starting to struggle.

Mortgage rates have not decreased in line with the base rate, house prices are still falling and many of the UK tenants are struggling to pay their monthly rent. Also with more properties being placed in the let market there is a large effect on rental rates.

It looks like the rein of the buy to let landlord is soon to be abolished, as the council of mortgage lenders believe that the situation will get worse before it gets better. It seems that the buy to let landlords were seen as untouchable with the lower amount of the UK being able to buy a property.

Whether the landlords have over stretched themselves or have been unlucky with the tenants they have it seems that the struggle may begin with some landlords struggling to cover their mortgage payments.

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November 24^th 2008

• Private rented sector review proposes licences for landlords
• Missed rent payments worrying struggling landlords
• Buy to let landlords break to buy more.
• Property sales fall by half
• Turning to renting for affordibility
• Government demands cause Anger and Confusion among the banks.
• Let property landlord fined for not making gas safety checks
• Conference programme announced for forth coming NLA event
• The buy to let market in the UK is heading for a nasty fall
• Residential landlords must show their EPC to new tenants
• Buy-to-let dead dismissed by NLA