Steep rise in the number of buy-to-let mortgages going into arrears

0 views
0%

Steep rise in the number of buy-to-let mortgages going into arrears

There’s worrying news for people who rent privately and for their landlords, too.

(Subscribe: https://bit.ly/C4_News_Subscribe)

Figures released today show a steep rise in the number of buy-to-let mortgages going into arrears, whilst landlord possession claims – the process by which the landlord applies to remove their tenant from a property – have also jumped dramatically in the last quarter.

And those aren’t the only worrying signs if you’re a private renter.
———————–
Follow us:
Facebook – https://www.facebook.com/Channel4News/
Twitter – https://twitter.com/Channel4News
TikTok – https://www.tiktok.com/@c4news
Instagram – https://www.instagram.com/channel4news/

Date: August 10, 2023