Property experts are voicing concerns that the tightening of criteria by mortgage lenders will cause a loss of confidence in the buy-to-let property sector.Buy-to-let accounts for approximately 12% of UK mortgage lending and many investors in the sector borrow the majority of the price of the property. In the worst case scenario lending criteria could [...]
Certainly hope it does - buy-to-let has been a real problem for driving the engine of house price growth over the past few years, and it's been a destabilising factor IMO. The sooner we can limit the impact of buy-to-let in the wider property market, the better IMO.
Shudders run through buy-to-let
