Is the UK buy-to-let market at risk?

Bloomberg have some interesting comments on the vulnerability of the UK BTL market to the predicted interest rises.

Buy-to-let lending is climbing as more people rent rather than buy, with part-time landlords entering the market in unprecedented numbers – they now account for over 70% of the buy-to-let industry.

With a third of economists predicting a rate increase before the end of the year, the exemption of BTL mortgages from the recent cap has led some commentators to claim the market is heading for problems.

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