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Daily Mail - Banks pull plug on the buy-to-let loans boom after a flood of applications from landlords

Tags: Press Commentary, Daily Mail and Mail on Sunday

Sep 24 2011

Banks have pulled the plug on dozens of cheap buy-to-let mortgages after a flood of applications from landlords.

Aaron Strutt, mortgage adviser with broker Trinity Financial, said: ‘Landlords have been seizing the opportunity to cash in. ‘Now many banks have simply reached the maximum amount they can lend on their cheapest, most popular mortgage deals.’

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Daily Mail - Banks pull plug on the buy-to-let loans boom after a flood of applications from landlords

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