The value of buy-to-let mortgages has shrunk for the first time in three decades as soaring borrowing costs and strict lending rules force landlords to exit the market. Data from UK Finance showed the number of outstanding mortgages to landlords has fallen for the first time since 1996, when bespoke loans for property investors were first introduce…
The value of buy-to-let mortgages has shrunk for the first time in three decades as soaring borrowing costs and strict lending rules force landlords to exit the market. Data from UK Finance showed the number of outstanding mortgages to landlords has fallen for the first time since 1996, when bespoke loans for property investors were first introduce… Read More
