Will the abolition of Section 21 impact my eligibility or the terms for buy-to-let mortgages, given the perceived increased risk for lenders, and should I secure financing now?
Quick Answer
The upcoming Section 21 abolition isn't expected to directly impact BTL mortgage eligibility immediately, as lenders focus on affordability and borrower financials. It could subtly influence future lending criteria.
About This Topic
Section 21 abolition in 2025 unlikely to impact BTL mortgage eligibility immediately. Lenders focus on rental income and borrower creditworthiness. Secure financing now for current BTL rates (5.0-6.5%).
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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