Property investment credit is getting tough - so what is out there and what does it mean for UK property prices

Property investment credit is getting tough - so what is out there and what does it mean for UK property prices
24th March 2008

It's got tough in the credit markets. Lenders C&G, Lloyds TSB, Woolwich and A&L have cut back on the amount they will lend relative to the value of properties.

This change has hit both residential mortgage lending and loans for buy to let.

Residential lending is getting tighter

If you want to buy a property either for yourself or to let out and you have not got a decent deposit to put down or you have a bad credit record things will have become a lot tighter for you recently.

In fact, things have become quite a bit tighter for everyone.

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