Landlords may struggle to secure finance
New research has found that despite the availability of 900 buy-to-let products, lack of finance is hindering almost a quarter of landlords in the UK. Research by online letting agent Property Let By Us suggests that one in ten landlords has had difficulty in securing a mortgage over the last 12 months. The situation is likely to get even worse with High Street lenders set to introduce tougher lending criteria in an effort to control rising house prices across the UK.
Full story available from Property Wire: http://www.propertywire.