Remortgaging is helping an already blooming buy-to-let market.

The buy-to-let market is 'blooming', which is helped by remortgaging home-owners who want to get in on the action. The rental market saw a boom in 2011 as more house-holders found it impossible to get a mortgage and so were left trapped in the rental sector.

Research has shown that it is now cheaper to buy than rent, and lenders who previously viewed buy-to-let investment as higher risk, have expanded their ranges to reflect the increased interest in the market.

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A spokesperson for Moneyfacts, said the buy-to-let area experiencing a boom with a widened choice for landlords. As a result of the rental boom, many lenders have put out more attractive buy-to-let remortgaging offers but loan to value levels are rising

The housing market remains flat, as reported by the Nationwide who advise prices dipped by 0.2 per cent in January. It is predicted that potential buyers will face an even tougher time in 2012 as lenders are expected to tighten their borrowing criteria due to weak economic conditions, this will mean many will be left in rental accommodation.

Many households continue to be unable to buy and remain stuck in the rental sector and so demand for rental property has significantly increased. Landlords are that finding their properties rent very quickly and in many cases there are waiting lists.

Every day there are new tenants who enter the market as more young adults seek job opportunities away from home. Buy to let remortgaging is expected to remain very attractive for landlords as lenders compete for their attention in the coming months.