More doors are closing for landlords

written by Lucie Osman on November 5, 2016 in Press Coverage with no comments


The crackdown on landlords continues. Santander this week announced that it is tightening the affordability criteria on its buy-to-let mortgages.

Lenders are increasingly looking for rental income to cover 145 per cent of the repayments on a buy-to-let mortgage — 150 per cent in homes of multiple occupancy.

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