A proposed EU Directive threatens to severely damage the private rented housing sector according to one of the largest landlord bodies, report the RLA.
The draft directive is aimed at tackling irresponsible lending on mortgages following property booms and busts in countries such as Spain and Ireland Under its provisions, when assessing the ability of the applicant to afford mortgage repayments, lenders will not be able to…
ContinueAdded by Mark Williams on December 13, 2011 at 11:00 — No Comments
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