Financial Times - Remortgaging buy-to-let landlords face crunch
Buy-to-let landlords face a growing remortgage issues following the introduction of new regulations and tax changes, brokers and lenders have warned.
Aaron Strutt, product director at Trinity Financial, told the Financial Times that landlords reaching the end of generous mortgages secured via generous rental calculations could struggle to refinance on equivalent terms. “Landlords coming to the end of their rates are not going to be able to switch to other bank deals.”
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