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Abbey withdraws buy-to-let lending

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  • Abbey withdraws buy-to-let lending

    Abbey is withdrawing the majority of its buy-to-let mortgages.The Spanish-owned bank says that the move is temporary and will allow it to focus on products aimed at the residential market.The lender also reported that it expects the buy-to-let sector to contract and is adjusting its product range accordingly.From today, Abbey will only offer landlords a [...]

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