Over-regulation is the biggest threat to Britain's buy-to-let sector, according to Rob Thomas from the Council of Mortgage Lenders (CML).
Speaking at the Mortgage Business Expo in London, Thomas – a senior policy adviser at the CML – claimed the market was robust, despite problems with financial markets and a growing fear that UK house prices will fall. He told the Expo that he expected the buy-to-let market to remain stable, but warned of tougher times ahead for intermediaries. “The outlook for the private rented sector is positive as it is based on a growing need for a flexible tenure. Buy-to-let has given a new dynamic focus to an old market and altered the image of the private rented sector; however the biggest potenti...
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