BTL market branded a 'ticking time bomb'


The buy-to-let (BTL) market was today branded a "ticking time bomb" in a damning report highlighting the growing gap between the supply of and demand for BTL properties.

According to, enquiries for BTL mortgages have increased by nearly 50% since August 2008, whilst the number of available deals has dropped by more than 70% in the same period. It says BTL deals have not fallen by as much as mainstream mortgage rates following decreases in the Bank of England base rate. Since August last year the average rate for mainstream mortgages has reduced by 1.95%, whilst buy-to-let rates have only fallen by 1.13%. Hannah-Mercedes Skenfield, Moneysupermarket mortgage channel manager, says new and existing BTL landlords now face the diffic...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on Buy-to-let

SimplyBiz launches buy-to-let adviser support service

SimplyBiz launches buy-to-let adviser support service

Supporting advisers with landlord clients

Jenna Brown
clock 20 January 2022 • 2 min read

Abbey to distribute all retail products through brokers; confirms BTL launch

Abbey for Intermediaries has revealed plans to distribute all of its core retail financial products through brokers and confirmed its much-speculated entry into the buy-to-let sector.

clock 17 October 2011 •

Mortgage broker and estate agent admit £1m BTL scam

Three men, including a financial adviser and an estate agent, have confessed their involvement in a buy-to-let property scam worth more than £1m.

clock 13 September 2011 •