Mar

Remortgaging landlords hit with high rates after failing affordability tests

admin

Up to one in three buy-to-let landlords are struggling to remortgage after failing their lender’s affordability test, a BTL mortgage broker has revealed.

The research from Mortgages for Business shows that some buy-to-let investors are being forced to accept variable rates as high as 9.5% because they have failed remortgaging affordability.

View Full Article: Remortgaging landlords hit with high rates after failing affordability tests