Protecting landlords from repossession



A new buy-to-let scheme has been set up to protect landlords from repossession. The ‘partnership agreements’ allow buy-to-let landlords with portfolios of up to £5 million and who are facing repossession, retain ownership of a property, by matching them with investors who have money to pump into the housing market. The programme was launched after interest from wealthy investors who were keen to invest in property while house prices are falling. In most cases, the properties will be kept until the housing market improves, and then the profit will be divided between the investor and owner if it is sold.