Monday, Sep 14, 2009
Landlords dealt a blow which could make it harder to remortgage
Telegraph: Buy-to-let investors face £3m credit limit at Lloyds Banking Group
Lloyds Banking Group, which accounts for half of all new buy-to-let lending, said landlords would be restricted to a maximum of nine mortgages with a total value of up to £3m across all of its brands.
Posted by wanderinman @ 07:26 PM (638 views) Add Comment
3 Comments
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1. bidin'matime said...
Would be useful to have some idea of the number of borrowers affected - £3m is still a lot of dosh...
2. jack c said...
For more background info look at www.mortgagestrategy.co.uk/cgi-bin/item.cgi?id=193228&d=403&h=401&f=402
3. little professor said...
Anyone know who the Wilsons' lender is?