Buy to let landlords face paying more for a mortgage in the UK, it is claimed

Buy to let investors could face paying an extra £10,000 to get a mortgage after a crackdown on dangerous debts by UK lenders. Watchdog the Prudential Regulation Authority is concerned that some landlords are overstretching themselves and will face difficulties when interest rates rise and it is expected that the banks and building societies will start making new hefty charges from September 2016. As a result, it is forcing lenders to run stricter tests to see whether an investor can afford the ...