An expert asserts that the rental market is doing very well due to the low number of houses available for sale, which could be good news for those with buy-to-let insurance policies.
Chris Brown, president of the National Association of Estate Agents, says he hates describing the sector as "booming" but highlights its strong performance.
He states people are increasingly selling their properties and renting a home from a buy-to-let insurance holder, waiting to see how the market changes.
"You're getting people who traditionally would never rent a house who are saying: 'Yeah let's have a look, let's rent a house'," he claims.
Mr Brown asserts that the idea of selling one house before moving into another has fallen out of favour.
Ed Mead, director of sales at Douglas and Gordon, claims the current market provides buy-to-let insurance holders with a once-in-a-generation opportunity to upgrade their property for little additional cost.
