The current low interest rates are good for landlords as well as tenants. This is the point of view of Malcolm Harrison, a private rental sector expert, who has noticed that it is easier for landlords to pay off a loan if they are charged less interest.

According to Malcolm Harrison the decrease in rates have helped landlords make their mortgage payments. He explained that this is also a very good point for the tenants, as there could be more properties coming onto the rental market, which will increase choice.

The publication of Council of Mortgage Lenders figures shows that the number of loans with arrears of more than 1.5 per cent has fallen to 19,300 in March, compared to 28,800 in the same month of 2009; which indicates that the low interest rates have helped with the improvement in buy-to-let arrears.

However the only way for the market to recover is the augmentation of investors in the market. Indeed the increase of properties on the market will therefore meet the rising demand.

“The only way to be able to satisfy the market is to attract more buy-to-let landlords, because they are the only people who are going to invest”, said Malcolm Harrison.

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