So it's always important to keep on top of what's happening in the mortgage market, and never more so than now – with lenders grappling to come to terms with a whole new set of restrictions that have just come into effect, and more to come later this year.
In this episode I'm joined by mortgage advisor Simon Allen, who's spoken to most of the main lenders and is here to report back with everything you need to know.
Listen to this week’s show and learn:
- What the new rules are that lenders have to follow as of right…now!
- How lenders have reacted to these changes so far
- The impact they'll have on the amount you can borrow
- The types of lending that are exempt from the new rules
- How Simon is advising his clients to avoid any negative effects
- The next round of changes, which “portfolio landlords” need to be aware of
- How Simon thinks this will all play out over the next year or two
Contact this week's guest
You can contact Simon via his website, Searchlight Finance