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The Buy to Let market is very important to Britain. Elevated property prices mean the young stay as tenants for longer; whilst, people of retirement age are ever increasingly moving back to rented accommodation. They are releasing the equity in their home, having enjoyed massive profits from quickly rising property prices.

Britain's rental sector

In 1939 the rental market was split almost 50/50 with owned accommodation at 55%. During the 80's this dropped to only 7%. In 2000 there was a different picture with rental at a massive 90%. This was caused by the astronomical house prices.