Posts Tagged ‘buy-to-let lending’
Lloyds Takes Harder Line on Buy-to-Let
Friday, September 24, 2010 10:43 No CommentsThe government-backed bank—Lloyds Banking Group is clamping down on buy-to-let lending, amid concerns that it is over-exposed to the rental sector in a slowing market of real estate.
The group is now reducing the number of buy-to-let properties that its borrowers can hold from 9 to 3. the bank is also cutting the amount it lend [...]
