Jul
13

CML warns of excessive buy-to-let rules

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The Council of Mortgage Lenders (CNL), in its submission to a Prudential Regulation Authority (PRA) consultation exercise on possible further lending restrictions, has warned the PRA (part of the Bank of England) to beware of imposing too many restrictions on buy-to-let lending. Buy-to-Let mortgage applications have already been subject to increasing scrutiny says CML where […]

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