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NatWest is now allowing landlords to apply for additional borrowing for any legal purpose other than gambling, any form of business purpose, and any form of unsecured debt consolidation. The bank is also on the short list of lenders who require no minimum income threshold for small landlords, which includes Accord, ....
Late November saw Accord join Birmingham Midshires, The Mortgage Works and NatWest in requiring no minimum income for landlords the latter lender having joined this group earlier in the year. Does this signal a radical change in the buy-to-let (BTL) market, or is it merely a sensible next step for the sector? ....
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