London landlord 'exodus' as mortgage rates destroy profits
Buy-to-let profits are shrinking fastest in the capital, with rented homes accounting for one in five property sales this year
Source: telegraph.co.uk
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Buy-to-let profits are shrinking fastest in the capital, with rented homes accounting for one in five property sales this year
Number of fixed-rate deals on the market is down by 70pc
Figures we've seen suggest a near 1 per cent increase in interest rates on five-year fixed landlord mortgages in the last week.
More than 500 deals were pulled from the market
Seven lenders have stopped selling new deals