Member Article

Buy-to-let volumes will continue to increase

Colin Bell, Managing Director of Commercial Mortgages at Hampshire Trust Bank, comments on the Bank of England Mortgage Lender and Administrators quarterly statistics for Q1 2016:

“We believe buy-to-let lending volumes will continue to increase in 2016 and the reason for this is twofold. Firstly, it is becoming more difficult for people to buy their own homes because of rising house prices. At the same time, there is a changing attitude among 20 to 30 year olds, who are becoming a populous of rent not buy, including movies, cars, clothing as well as property. Therefore buy-to-let landlords will become an increasingly important part of the housing market.”

This was posted in Bdaily's Members' News section by Hampshire Trust Bank .