It is the question on everyone’s lips and with my ear close to the ground I am starting to hear things that make it seem the answer is a resounding ‘Yes’.
There are still only 300 BTL products available on the financial market at the moment which is a far cry from BTL’s hey day but the figure seems to be steadily rising. It is hard to believe that we will ever hit a point again like the heights of 2007 when the figure was more like 3000 products but I am not sure we need to.
There are real signs of improvements on the lending front with rates falling and the number of lenders and products increasing.
This fact coupled with the strong demand for private rented housing is pointing to a huge come back for our sector.
The face of private rented housing may have changed forever and irrevocably after the last crash but change does not always have to be a bad thing. With the lessons professional landlords learned from the hard times, the private rent sector is promising to be stronger and smarter than it ever was.
I have a good feeling that the next few years are going to be a great time to be in our business.
