Buy-to-let squeeze continues

[Calcaria]

THIS IS MONEY

Buy-to-let squeeze continues: Landlords with multiple properties are warned of mortgage headache when new rules bite in 2017
By Sarah Davidson For Thisismoney.co.uk
http://www.thisismoney.co.uk/money/buyt ... dache.html

Landlords with four or more buy-to-let mortgages have been warned to prepare for a major headache when new rules next year force lenders into tougher lending assessments. ...

THE WEEK

Multi-property buy-to-let owners face squeeze
New rules from September 2017 will hit landlords with several properties in their portfolio
http://www.theweek.co.uk/66688/multi-pr ... ce-squeeze
...
Under new rules coming into effect in September 2017, financial institutions offering loans on new buy-to-let property to anyone with four or more properties will have to assess all their portfolio, says the Financial Times.

In part, the move is because "mortgage arrears rates are higher when landlords own more properties", says the paper, which adds to risks in what is already seen as an overheated segment of the market. ...