Will the abolition of Section 21 lead to an increase in buy-to-let mortgage interest rates or stricter lending criteria from banks, considering the perceived reduced landlord control over property possession?
Quick Answer
While unlikely to directly increase BTL mortgage interest rates, the abolition of Section 21 could lead to stricter lending criteria due to perceived landlord risk and potential for longer possession processes.
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Will the Section 21 abolition impact BTL mortgage rates or lending criteria in the UK? Get expert insight from Steve Potter on landlord control and financial implications.
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