The number of landlords who are seriously behind with
their mortgage payments has jumped by 20%. There were 1,200 buy-to-let
mortgages in "significant arrears" in the last quarter of 2017, a
fifth higher than in the same quarter in 2016. Significant arrears means they
owe more than 10% of the outstanding balance. The figures suggest some
landlords may be beginning to struggle financially, following a series of tax
changes. There were 5,100 buy-to-let mortgages in less serious arrears of 2.5%.
This was a 2% rise on 2016. Read more on the BBC website.
Country diary: The challenge of making a thatched roof pine-marten proof |
Tom Allan
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*Glenisla, Angus:* Damage by squirrels is common; the mustelid less so.
Still, as a local told me, ‘you cannae blame them wanting somewhere to live’
That...
1 day ago
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