12 July 2017
The new PRA standards define portfolio landlords as those with interest in 4 or more mortgaged Buy-to-Let properties.
Whether you’re a landlord, a mortgage broker, or just have an interest in the Buy-to-Let market, this short guide gives you the need to know information about the planned Prudential Regulation Authority changes. This covers:
The new standards will be applied by 30 September 2017.
They have also provided you with a Packaging Guide to help you understand how the changes will affect you and your landlord customers.
For more information on the PRA changes take a look at our Buy to Let Hub.