BTL to grow 40% in 10 years

In its ‘Changing UK Household Market’ report, published in conjunction with the Centre for Future Studies, the firm says a positive attitude towards renting and a desire for flexibility and mobility has sparked a surge in the buy-to-let market. The company claims over the next 10 years the buy-to-let sector will see a 41% rise in growth as three main drivers start to affect the market: A rise in the traditional rental market, especially among students and single people; Younger generations will prefer to rent as it becomes more socially accepted not to own a home; And there will be a...