Buy To Let Mortgages – Important Changes to Borrowing Assessment

Here is a useful overview from Shawbrook Bank on the changes being implemented on 30th September 2017 in respect of Buy to Let mortgages for those landlords holding more than four properties.

The changes, which are being brought in by the Prudential Regulatory Authority (PRA), will make it more onerous in terms of the information required by lenders when assessing a new Buy to Let mortgage.

If you would like to know more about these changes or wish to discuss how you can apply for a Buy to Let mortgage just contact us.

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