New survey data from YouGov points to considerable
financial resilience on the part of buy-to-let landlords as they face the
prospect of future rises in interest rates. The findings may bring some new
year solace to the sector, which faced a challenging end to 2015. In the final weeks of the year, the IMF added
its voice to those favouring controls over buy-to-let lending, the Bank of
England governor Mark Carney reiterated his concerns about activity in the
sector, and HM Treasury published a consultation on powers of direction for the
Financial Policy Committee (FPC) in the buy-to-let market. The writing has been
on the wall for some time and may partly explain a recent Residential Landlords
Association survey showing that 10% of landlords plan to leave the market over
the next five years. Read more on the CML website.
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