Buy-to-letJun 16 2023

‘The band has stopped playing’ for UK landlords

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‘The band has stopped playing’ for UK landlords — Buy-to-let investors are being hit with the reality of steep interest rate rises, making profit margins unworkable for some (Chris Ratcliffe/Bloomberg)

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Mortgage brokers have reported a drought of new buy-to-let business as the reality of rising interest rates hits landlords en masse.

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