2 Things New Mortgage Lending Rules in the UK Will Make Landlords Think About

The UK is now introducing a new and stringent set of rules to deal mortgage lending for buy-to-let investors wanting to become landlords in the UK. The Telegraph, one of the leading newspapers in United Kingdom, conducted a survey in this regard and noticed landlords seeking finance for investing in property in UK after 1^st October, 2017 will get their entire portfolio thoroughly assessed. This is going to be done for viability purpose.

A lot of experienced property investment agents in London are having their own views about this change. According to them, landlords already do a lot of work while applying for a mortgage. These new rules are only going to increase the amount of work they have to do while applying for a mortgage. Some landlords simply fail to get the mortgage. According to them, only the following two things will be the result of all this:

·         The shortage of profitable property investment opportunities.

·         Higher Fees and interest rates will increase significantly to shoot the blood pressure of many investors. 

Whether you are an investor or a landlord, you need not worry as there is a solution to every problem in this world. We are one of the best groups of buy-to-let property consultants in UK guiding investors and landlords about the best possible solutions to deal with such problems.

We organise property investment seminars in London and rest of the United Kingdom where Landlord and Investors learn about dealing with such problems. Call us right now!