Landlords are Still been Viewed with Caution from the Banks

Further update on BTL mortgage finance in this FT article continues to paint a picture of uncertainty in the market.

Banks are still very nervous about many landlords and property investors and are continuing with a highly cautious outlook.

Banks concern over falling rents and falling property values leaves many landlords looking like high risk customers, especially as so many landlords are sat on interest only mortgages without having elected any repayment vehicle.