Banks are limited in what they are allowed to lend to "buyers to reside". The rules change for "Buy to let" properties, since now the landlord simply has to de

Banks are limited in what they are allowed to lend to "buyers to reside". The rules change for "Buy to let" properties, since now the landlord simply has to demonstrate a business plan of being able to rent out for more than the mortgage payments (with some leeway). This resulted in people being advised (by brokers) to get the "mortgage to let" fully intending not to actually let it and live there themselves. This loophole has been closed. I don't even know if you can regulate it - but it is hugely distorting to the property market Edit: "The policy would cost £27bn, she said, which would be partly funded by removing tax relief on mortgage interest for private landlords." interesting to see the greens attacking the buy to let model, and how they're going about it.