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Leeds Building Society to trial new holiday let lending restrictions
Reading Time: 2 minutesUK: Leeds Building Society is to trial restrictions on new lending for holiday homes in parts of Norfolk and Yorkshire that have become tourist hotspots.
US housing regulator considers short-term rental lending measures
Reading Time: < 1 minuteUS: The main US housing regulator is calling for input on how to safeguard against potential lending risks associated with residential buildings filled with short-term rental units. The Federal Housing Finance Agency (FHFA), run by director Mark Calabria (see pic) is requesting public comment on questions related to mortgages in developments where a large proportion […]