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