Buy To Let News 2014 < RECOMMENDED ✓ >
“It drives up rents and kills the dream of home ownership for millions of tenants... people are going hungry so that other people can get rich quick.” The Guardian · 12 years ago
: Crucially, BTL mortgages were excluded from these stricter MMR rules. This allowed the sector to continue growing rapidly while residential buyers faced higher hurdles. buy to let news 2014
: In September 2014, gross returns reached an all-time record of 13.4% , surpassing previous peaks. “It drives up rents and kills the dream
“Buy-to-let landlords are enjoying 2014, which is a shame, because they are a disaster for the economy.” The Guardian · 11 years ago : In September 2014, gross returns reached an
The year also saw rising public and political debate regarding the impact of BTL on housing accessibility.
: Campaign groups like Generation Rent highlighted that high rental returns were effectively "killing the dream of home ownership" for millions.
: The MMR introduced tougher affordability checks and "stress tests" for residential borrowers, requiring detailed proof of spending habits.