from the house-price crash website
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They claim it's a mortgage-processing bottleneck but that sounds rather more like a 'plausible' excuse.And what happens now when a BTLer wants to desert his sinking ship?
HBOS Halts Buy-To-Let Lending
Jul 03, 2004
3 Replies
If The Mortgage Business dislike BTL then they'll move quicker than normal on sales, I'd imagine.
Why did you say it was HBOS ?
Daytona
I just copy/pasted the headline from the original to the subject header here
Not just BTL, but also self-certification.
It's likely that they've (finally) cottoned on to first time buyers and Jones' next door neighbours taking out whopping mortgages on the basis of a nod and a wink and are trying to shut the door after the fact.
Shano
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