Reduce buy to let regulation or face a worsening housing crisis - that’s the message from a leading property lawyer. Mary Rouse, from Midlands law firm Wright Hassall, says unless some temporary legislation is revoked - especially the eviction ban - thousands of buy to let landlords will face possession action by their lenders. She says many landlords are under increasing pressure from lenders to start repayments on buy to let mortgages despite possibly receiving no rental income. Rouse says the inevitable consequence of this is that families will be made homeless and there will be fewer properties to let, with landlords either losing their properties to lenders or selling up. Read more on the Letting Agent Today website.
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