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Banks must ease buy-to-let funding restrictions

Landlord Assist, the nationwide tenant eviction and rent recovery firm, believes the shortage of rental properties can only be addressed if banks ease their lending restrictions and improve their buy-to-let deals.

Over the past year the buy-to-let sector has been characterised by shortage of properties as increasing number of people have been forced into rented accommodation due to an inability to get on to the property ladder.

Graham Kinnear, from Landlord Assist says: "This year has been a year of Landlord consolidation". A lack of finance available on the market has meant landlords have been unable to expand their porfolios at a time which ought to have suited investment.

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