Gove’s changes to the tax rules aim to protect ‘genuine’ holiday lets, while those who abuse the tax loophole are forced to pay.
Farron said it is an inevitable outcome as we continue to see areas where tenant demand outstrips long-term rental supply.
Bob Young, chief executive at Fleet Mortgages, said: “2021 was a ground-breaking year for Fleet, not just because of our acquisition by Starling Bank and the significant opportunities this affords us.”
Searches in the buy-to-let (BTL) and residential sectors remained relatively stable from November.
The two mortgage products are available for properties in England and Wales and can be considered on an interest only basis as well as capital repayment.
The change applies to all of the society’s mainstream holiday let range, which offers both a fixed and discounted rate up to 80% LTV.
The endorsement comes from Carbon Neutral Britain, a carbon offsetting initiative which helps individuals and businesses make an impact on climate change.
The move standardises rates across all three areas of BTL with the lender.
Keystone Property Finance has increased the amount of cashback it pays on loans valued between £150,000 and £400,000 to a maximum of 50%.
The launch will allow property investors to invest in Scottish property using the GetGround platform.