BoE moves to tighten buy-to-let standards as risks rise

Bank of England
Bank of England: surveyed 31 buy-to-let lenders

The Bank of England (BoE) plans to tighten underwriting standards in the UK's buy-to-let market, as it warns of rising financial stability risks.

In a consultation document published today (March 29), the BoE said a survey of 31 buy-to-let lenders, representing 91% of the market, had raised questions over lenders' growth ambitions and how they planned to meet them.

"There is a risk that firms relax underwriting standards, thus affecting their safety and soundness," said the BoE's Prudential

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