From 30 September 2017, new mortgage regulations from the Bank of England (BoE) will become effective. In the industry it is referred to as PRA phase 2.
These new regulations will mean that in many cases landlords with more than three mortgaged buy-to-let properties will have to provide much more information about all their existing rented properties and other assets, liabilities, income and costs.
As widely trailed, today saw Prime Minister Theresa May announce the activation of Article 50 of the Treaty of the European Union, beginning the process of the UK’s departure from the EU. The letter, delivered to the office of EU Council President Tusk, set out some key aspirations for the UK’s terms of departure, and […]