Now is the Moment
With the launch of the Buy-to-Let initiative, the strength and importance of the rental market has been underlined with a flourish. Once again, rentals are fully understood to be such a key element in the housing market that private investors in the sector are being actively backed by mortgage lenders.
And, not since the golden age of the Edwardians, when 90 percent of all housing was rented, has the private rented sector looked so attractive to private investors. Today, the rental market may only stand at some 11 percent, after dropping to an all time low of just seven percent in 1989, but real growth has been achieved since then, and is forecast to continue...
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...It has affected all age groups and economic classes, not only the youngsters who once looked to buy starter-homes. Couples, often both working, may want to move quickly to more lucrative opportunities. Ambitious career-builders delay starting a family and rent either a town house or a weekend cottage. They have no time to take full responsibility for both. And, with increasing frequency, for those approaching retirement or even the retired, the relentless rental revolution has made life simpler.
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