Landlords 'can adapt' - buy to let mortgages

15 May 2009

Landlords in the UK can adapt to the current market conditions and make a success of their individual businesses, according to the National Landlords Association (NLA).

Spokesperson for the regulatory group Steven Hilton said all the fundamentals involved with buy to let mortgages and the industry as a whole remain strong, although there is a challenge to get the finance needed to purchase property.

His comments come after a University of Nottingham report suggested that buy-to-let has become an important part of the economy.

The publication, We All Live in a Robbie Fowler House, said the investors looking to get hold of buy-to-let properties as prices drop are mainly experienced landlords.

Reflecting on the study, Mr Hilton said: "It comes as no surprise to the NLA that the report suggests landlords must have "local knowledge and active management" in order for their lettings business to prosper."

Why not take a look at our best Buy to Let mortgages and make an enquiry online now.