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Business and Money Crunch hits buy to let renters

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Last Modified: 01 May 2008
By: Katie Razzall

Buy to let renters are being evicted in increasing numbers as their landlords fail to keep up repayments.

You might call them the hidden victims of the credit crunch - tenants evicted from their homes because their landlords have had their "buy to let" properties repossessed.

An increasing number of renters are finding themselves homeless, because their landlord hasn't been able to keep up repayments: with "buy to let" repossessions up almost 60 percent year on year.

And, as our business reporter Katie Razzall explains, tenants have few legal rights when the eviction letter arrives.

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credit: Reuters

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