Financial and property experts say pressure on small-time investors will lead to defaults, writes Jon Ihle
Financial and property market experts have joined small-time investors in questioning the wisdom of Permanent TSB’s recent move to stop extending interest-only payment periods for buy-to-let tracker mortgages.
They say PTSB’s plan to force borrowers to start paying principal and interest - or face extra rate rises on top of ECB tightening - will lead to defaults...
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