Buy-to-let mortgage rates start to creep up | This is Money – This is Money

Landlords with handfuls of mortgaged properties will likely have to update, and possibly trim, business practices, following a list of changes to the market — including a possible future rate increase by the Monetary Policy Committee. Besides increases in their mortgage rates, these individual landlords must also contend a shrinking market, based in new restrictive practices for their lenders, who must more carefully manage their larger customers. Eighteen of these lenders have already increased their rates, and much of the rest are likely to follow suite.

Read more: Buy-to-let mortgage rates start to creep up | This is Money – This is Money

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