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>> No.52209853 [View]
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52209853

>Warning of fewer rental properties as landlords squeezed
>Ray Boulger, from mortgage broker John Charcol, said landlords would be more reluctant to buy "buy-to-let" properties which could have a "serious impact" on the availability of homes.
>Mr Boulger said that the buy-to-let sector was likely to see more "stress" than other areas of the mortgage market. He said that some landlords would find it difficult in some areas to secure a mortgage of more than 50% or 60% of a property's value. That, added to tax changes which have led some landlords to consider selling up, would reduce availability for tenants, he said.
>About 40% of landlords have a mortgage on their rental properties.
https://www.bbc.co.uk/news/business-63486784

I've already heard about renters getting into bidding wars to rent a property. Maybe we should tip our landlords?

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