More doors are closing for landlords

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

The-Times-logo

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.

To read the full article, click here