"]Kensington Mortgages" and which is owned by Investec, the South African bank, on Monday became the first lender since the downturn to increase its loan to value on buy-to-let loans to 85 per cent. Last week, Paragon, a buy-to-let lender , launched a range of products aimed at smaller-scale landlords looking to expand their portfolios. "
Both "banks" nearly gone bust, yet somehow they are back ffs.
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Previously on "Fill yer boots!"
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I paid off all my credit cards over christmas and then they dropped my limit on one card
I guess it must look really dodgy paying off debts over christmas, and not going on a spending spree
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My credit card provider just raised my limit without me asking them to..
Could this be Bubble 2.0?
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I was just thinking the other day that I haven't got enough debt.
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Fill yer boots!
FT.com / Property & Mortgages - Mortgage providers relax criteria on buy-to-let loans
Lots of cheap easy BTL credit (don't you just love it)!
High rents rising sharply with inflation to really hammer them tenants.
Property only goes up.
Boomed!
I love the smell of cheap money in the morning.Tags: None
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