Tenant demand could continue to grow for buy-to-let mortgage holders after a finance expert has urged younger Britons to consider renting.

David Kuo, head of personal finance at money website Fool.co.uk, said a buyer on a salary of £20,000 in the current climate would be taking on a debt eight times the size of their income if they bought a house costing £160,000.

This means they will be carrying much more debt compared to those in the same position 20 or 25 years ago, he noted.

"Maybe young people feel they must own their own home but that mentality may have to change as there is no shame in renting accommodation,"Mr Kuo said.

His comments come after research by Paragon Mortgages showed last month that 33.5 per cent of private landlords think tenant demand is growing, while 45 per cent said it was stable.

David Newnes, managing director for Your Move, recently argued that the difficulties homebuyers face in securing mortgage finance in the current economic climate has benefited landlords by prompting many would-be homebuyers to consider renting.ADNFCR-2002-ID-19026012-ADNFCR

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