This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Pension Freedom Causing BTL Boom
The buy-to-let sector is experiencing a boom as pensioners take advantage of new freedoms.
There are over 1,000 products available for the first time since 2008, revealed data analysts Moneyfacts.
The firm’s Charlotte Nelson says: “With high rents and poor savings rates, it’s little wonder that the buy-to-let market is booming.”1
In June, Chancellor George Osborne revealed that around 60,000 people had taken £1 billion out of pension pots.
1 D’Arcy, S. (2015) ‘Pension freedom fuelling buy-to-let’, Metro, 26 August, p.13
