Property News · November 18, 2016

Buy-to-let lending falls as tougher rules bite


Nationwide says new affordability tests introduced ahead of tax changes have made life more difficult for landlordsThe first signs that the buy-to-let boom could be coming to an end have emerged in figures from the Nationwide building society, which showed that lending to landlords went into the reverse over the past six months.Nationwide’s buy-to-let subsidiary, the Mortgage Works, lent £2.8bn in the six months to September 2016, down from £2.9bn in the same period a year earlier. Continue reading…

Source : theguardian.com
Read more…Buy-to-let lending falls as tougher rules bite

You may also like...