Property News · March 29, 2016

Bank of England set to clamp down on buy-to-let lending


Much-anticipated mortgage report to assess ways to rein in booming landlord lending market amid fears over new UK property crashThe Bank of England is expected to signal a clampdown on buy-to-let lending when it reports on the mortgage market for landlords.The Bank has been watching the buy-to-let market for some time and is concerned about the amount of money pumped into the market and its vulnerability to even a small rise in borrowing costs. Continue reading…

Source : theguardian.com
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