Silver lining for buy-to-let owners
Story date: 2007-10-08 11:06:00
Added on: 2007-10-08 19:00:24
Daily Telegraph - Traditionally, buy-to-let mortgage lenders required monthly rental incomes to total at least 130 per cent of mortgage payments. So if your payments were £800 a month, you needed to collect at least £1,040 rent. Now rental cover can be as low as 115 ...
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