A property expert has given his opinion on the current state of the buy-to-let market in the UK.

Chris Horne, editor of website Property Hawk, said that lenders often see this type of home loan as "a greater potential risk"than other mortgages.

This, he stated, is more pertinent in an economic crisis such as the one being lived through in the UK at present.

"Historically, it has always been perceived that, because buy-to-let properties aren't people's homes, then if they hit tough times, landlords are more likely to hand back the keys than they will do on their own property or house,"Mr Horne explained.

He added that a high number of lenders are "taking a big set of scissors"to their buy-to-let options.

Communities and Local Government statistics from earlier this year showed that the size of the private rented sector grew from 2.7 million in 2007 to almost three million last year.

Written by Sarah Field

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