The credit crunch has started to hit buy-to-let landlords, with mortgages for investors looking to rent out properties beginning to "dry up", research has shown.

The Royal Institution of Chartered Surveyors (Rics) said it was becoming increasingly difficult for would-be landlords to enter the market.

As part of its monthly survey of letting agents, Rics asks agents whether they are seeing more or fewer landlords entering the market and renting out their properties.

For the first time since it started its survey in 1998, more surveyors reported a fall in new landlord instructions than a rise. Experts said this was the most worrying sign yet that the buy-to-let boom is coming to an end.

Read the full story at http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2008/03/06/nbtol106.xml

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