Landlords, BOE worry about cheap money pushing up property values
Tue, Aug 11, 2015 - 5:50 AM
Buy-to-let loans have made up most of the growth in mortgage lending since 2008 as banks compete for borrowers, often by requiring that only the interest is paid each month.
EMMA Reynolds inherited two apartments and a store in London, then saved to buy a cockroach-infested investment property last year. Like Bank of England (BOE) governor Mark Carney, she's worried about landlords pushing up property values with cheap money.