Bank of England mortgage powers to include buy to let
Breaking news from financialreporter.com has announced George Osborne will extend Bank of England mortgage powers to cover buy to let.
Previously the BoE and the government consulted on the perceived risk of buy to let mortgages to financial stability.
Potential LTV limitations for BTL mortgages
BoE mortgage powers for residential market include limiting loan to value and debt to income ratios.
FPC does not see immediate need to act on buy to Let
Will buy to let owners be rushing to remortgage as a result?
This information should not be interpreted as financial advice. Mortgage and loan rates are subject to change.