Portfolio Landlord PRA Changes

As of 30th September 2017, the PRA’s (Prudential Regulation Authority) new portfolio-landlord criteria came into force. Those landlords with 4 or more mortgaged buy-to-let properties are now classified as “portfolio landlords” and new rules now apply. The key changes are that the Lender is required to take a more holistic view of the borrower’s circumstances, […]