Buy to let investors benefit from credit crunch

Holders of Buy to Let Mortgages are likely to be benefiting from a 38 per cent year-on-year increase in the demand of rented properties.

Figures from YourMove have revealed that the popularity of rented accommodation has increased as many would-be house buyers are unable to get on to the property ladder following the aftermath of the credit crunch.

The amount of tenancies agreed rose three per cent from May, YourMove''s study of June''s statistics showed.