Thursday, June 23, 2011

BTL sector praised

It's about time that BTL landlords got some recognition for their positive contribution to society.

The Paragon Chief Exec, John Heron spoke of the vital role BTL had played in the provision of accommodation in the private rented sector at the Council of Mortgage Lenders conference.

Mr Heron commented "The private rented sector makes a great contribution to the UK economy – it facilitates labour mobility and flexibility, provides an income to thousands of small businesses, supports a number of associated industries, such as letting agents and maintenance companies, oils the wheels of the housing market and makes a great contribution to the public purse."

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