History of Buy-To-Let

Old houses on a street

The Buy-to-let industry which has sprung up over the past 30 or so years has traditionally involved financing property with the hope that there will be some form of the capital increase in the value of the property along with a modest incremental income from the rent that the property then attracts. The rental income that is earned on the property needs to cover the mortgage costs and any remedial maintenance that might have to be performed, along with the legally required undertakings such as gas and electrical inspections and certifications.