3 ms·
Actually growth of BTL is not the reason for increasing house prices - although it is a result of the actual cause - low interest rates - which has meant that b
by retube 11y ago
Actually growth of BTL is not the reason for increasing house prices - although it is a result of the actual cause - low interest rates - which has meant that both buy-to-live and buy-to-let have been able to borrow ever great sums for the same monthly cost as mortgage rates have come down - from 5% or 6% to 1% over the last 5 - 10 years.
- collyw 11y agoI am sure it a combination of factors. Some will say immigration is the cause. Its not the only cause, but it will affect the market. I have to agree that 'emergency' low interest rates are propping the market up since it was ready to crash in 2007. BTL landlords benefit from low interest rates, so again that is a factor.