MortgagesAug 29 2023

Santander tightening buy-to-let affordability ‘disaster’ for market

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Santander tightening buy-to-let affordability ‘disaster’ for market
(Luke MacGregor/Bloomberg)

Santander increasing its interest cover ratio calculations is a “disaster for the buy-to-let sector” and could lead to a “housing crisis in the making”, one broker has claimed.

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