Posts tagged mortgage
Mortgage Update – Innovation and increasingly flexible criteria in times of Brexit

Over the last few years Brexit, stamp duty increases for investment properties and second homes, section 24 and the introduction of more stringent rental calculations for buy-to-let (BTL) by the Prudential Regulation Authority (PRA,) have all contributed towards stagnating house prices and a reduction in the volume of transactions in the housing market. Against these tougher market conditions and uncertainty, it is more important than ever for lenders to offer a unique proposition.

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