Mortgage Maze: Rental market crucial as people choose to move away from owning their homes
The National Landlords Association (NLA) has claimed buy-to-let mortgage products must be sustainable for the future of the housing market.
Richard Price, director of operations, NLA has said they believe the private rental sector will continue to play a crucial role in the coming years with high competition for quality rented accommodation.
Mr Price said: “Any buy-to-let products that enter into the market to support this need must be sustainable with consideration for the longer term.”
He added that before the end of this decade one in five households are expected to rent privately.