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buy to let mortgages

Buy-to-let landlords face tougher borrowing standards

The Bank of England is set to impose tougher borrowing standards on buy to let landlords. Announced on Tuesday 29 March 2016, the Prudential Regulation Authority’s (PRA) new draft proposals cover minimum standards that firms should meet when underwriting buy-to-let…

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Buy to let mortgages surge

A combination of high rents and ever-growing demand has led to the the popularity of buy-to-let (BTL) mortgages soaring. Between July and September, 33,600 new mortgages were taken out for property purchases, making it the busiest quarter since the end…

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