Buy-to-let turns 25!

Buy-to-let celebrates its 25th birthday today. The first mortgage products with its name on were officially launched on September 24, 1996, when the lending industry gathered in central London.

Since then, the number of buy-to-let mortgage products has surged and today there are 2.65 million landlords in Britain, of whom 59 per cent are aged 55 or above. 

Meanwhile, despite suggestions that buy-to-let interest may have peaked, the number of mortgage deals available to landlords have increased today to 3,031, Moneyfacts has revealed.

Read More: Daily Mail