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Good-buy-to-let?

Updated on 01 April 2008

By Katie Razzall

An exclusive Channel 4 News investigation discovers evidence Britain's biggest buy-to-let lenders are tightening the screws.

We've found that the majority are demanding more from borrowers - with some not accepting any new business at all.

Until the so-called credit crunch, buy-to-let was seen by many as a sure fire way of making money.

But repossessions are rising and at auction, new build flats are selling for 26 per cent less than the original sale price.

With more than half of landlords owning at least one new build flat, could buy-to-let be the UK's version of sub prime?

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