The former prime minister of the UK , Sir rich Cable , has warned that there are " worrying signs " that he is currently " reliving the bubble of the pre - crash " , and said he lamented the high rate of buy - to - let investors in the UK property market , as he believes﻿ it makes housing affordable for most people . In July of this year , one in five home loans were made to buy - to - let investors . He said further tax cuts would be necessary to crack down on the buy - to - let market .
The former business minister of the UK, Sir Vince Cable, has warned that there are "worrying signs" that Britain is currently "reliving the bubble of the pre-crash", and said he lamented the high levels of buy-to-let investors in the UK property market, as he believes﻿ it makes housing affordable for most people. In July of this year, one in five home loans were made to buy-to-let investors. He said further tax measures would be necessary to clamp down on the buy-to-let market.