Due to the credit crunch, many buy to let property owners are struggling to remortgage their properties, and are facing repossession or having to sell their properties at a loss.

A new scheme is about to be launched by mortgage advisor Egerton Partners to help landlords who are unable to remortgage or sell their properties.

The company is creating a bank of investors who could provide capital for landlords, in exchange for any return made on the properties.

Financial experts predict that many similar schemes will be set up in the coming months.