Furthermore, according to Steve Cox, operations director at Spicerhaart Financial Services and, for the purposes of this column, the man with the interesting, contrarian statistic, buy-to-let’s been picking up in recent weeks. Monitoring mortgage activity through the brokerage, he’s seen a 58% rise in buy-to-let mortgage business in September, the biggest increase in over 12 months. Should we be surprised by this? The buy-to-let sector comes with a built-in hedge. When house prices fall, yields rise.

Our publisher examines a contrary view of buy-to-let, in his weekly guest column for Citywire.

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