Property News · March 29, 2016

Bank of England clamps down on buy-to-let lending


Fears that surge in landlord lending risks UK financial stability pushes Bank to impose new conditions on buy-to-let mortgages The Bank of England is clamping down on buy-to-let mortgage lending as it warns that the outlook for financial stability in the UK has worsened. The Bank’s financial policy committee (FPC) views buy-to-let lending as one of the biggest domestic risks to the financial system, although it said the worst short-term risk was the referendum on Britain’s membership of the European Union. Continue reading…

Source : theguardian.com
Read more…Bank of England clamps down on buy-to-let lending

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