Is Property Investment Becoming a Rich Person’s Game?
Mortgage lenders have been quietly and arguably making it more challenging for the average landlord, as they continue to impose tougher checks and criterion on buy-to-let mortgages. Leading to the question, is property investment becoming a rich person’s game? Barclays Bank have followed the lead of building society and second-largest lender in the UK, Nationwide and tightened their mortgage lending criteria, meaning that the minimal rental cover which is now required has increased from 135%…
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