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<p>Decisions around the availability of Buy-to-Let mortgages, including any restrictions,
are commercial decisions for lenders, and the Government does not seek to intervene
in these decisions.</p><p> </p><p>We are aware that some lenders include restrictions
in their mortgage terms that mean the properties against which they lend are not available
to tenants who depend on welfare payments to meet the rental costs.</p><p> </p><p>UK
Finance has assured us, however, that the majority of active Buy-to-Let lenders do
not prevent landlords leasing properties to tenants in receipt of welfare payments.
Therefore, any landlord who wants to let to benefit claimants should be able to easily
find a lender who will allow that.</p><p> </p><p>The Royal Bank of Scotland, which
operates the restriction for landlords with fewer than ten properties, has also announced
that it will be conducting a review of its Buy-to-Let policies.</p><p> </p><p>It is
also worth noting that only around one third of properties in the private rental sector
are owned by Buy-to-Let landlords. The majority are owned outright or financed through
other means.</p>
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