Thursday, March 29, 2012

Politicians blame landlords for short tenancies – but don’t know the facts

Longer tenancies? No thanks say lenders

Calls for longer tenancies from the London Assembly and some London mayoral candidates have missed the point say private landlords. UK’s mortgage lenders do not allow landlords with buy to let mortgages to issue tenancies longer than 12 months in duration.

Posted by property addict @ 12:38 PM (950 views)
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