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UK buy-to-let investors warned of mayhem

Repossessions of private-landlord homes feared if BOE hikes interest rates

Ripe for speculation: The UK's loan-to-income cap doesn't apply to mortgages for buy-to-let, which is climbing as Britons rent homes for longer periods. - PHOTO: BLOOMBERG

[LONDON] Shahram Kordestani, who owns seven UK rental homes, has advice for investors eager to join the swelling ranks of landlords: Do so at your peril.

Mr Kordestani, who has been renting homes in London and south-east England for about 12 years, said when interest rates rise, the jump...

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