The concept that that there are significantly fewer repossessions from buy to lets compared to residential mortgages needs to be examined again as I suspect that it is no longer the case.
The buy to let product choice has been obliterated as nearly 90% of the buy to let products have been stripped out of the UK market. The residential market has also been hit hard losing 60% of its products in a 24-hour period.It appears that lenders have little to non-existent appetite to lend and it will take a while for stability in the market to return.
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