Buy to let mortgage lenders are sighing with relief after the European parliament voted to exclude landlord loans from tough new lending rules.

The UK’s Council of Mortgage Lenders (CML) has campaigned long and hard for buy to let to be treated as a commercial loan rather than a residential mortgage, which was the initial thrust of the
European directive on credit agreements relating to residential property (CARRP). Continue reading Euro MPs kick out EU buy to let mortgage regulation →