Rental review "an important watershed" - by to let mortgages

24 October 2008

The National Landlords Association (NLA) has hailed the publication of a new report that marks "an important watershed" for the buy to let mortgages sector.

Entitled the Review of the Private-Rented Sector, the paper - written by Dr Julie Rugg and David Rhodes - acknowledges the significant contribution that small landlords make to the housing market, according to the NLA.

It also discredits the claim that there is a crisis in the market, the association noted.

Commenting on the review, chairman of the NLA David Salusbury said: "It demonstrates and encourages a commitment to grow the business of letting for smaller landlords but also encourages larger-scale investment, where appropriate."

He added that the publication offers the government some sound policy options based on reliable, independent evidence.

Smartlandlord.co.uk also responded to the publication of the review, stating that it was good news for the buy to let industry.