Elegant Homes: Is the Housing Market Helped or Harmed by Buy-to- Let?

Daily PostOctober 21, 2006

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Summary


BUY-TO-LET now contributes over pounds 30bn to the economy every year - more than all the pubs, hotels and restaurants in the country, and four times more than the motor industry.

So says ARLA, the Association of Residential Letting Agents, who have marked the tenth anniversary of buy-to-let with a report by Professor Michael Ball highlighting its success and its value to the economy.

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Extract


Elegant Homes: Is the Housing Market Helped or Harmed by Buy-to- Let?

When the scheme was launched by ARLA and a group of lenders back in 1996, it ...

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