Until very recently, landlords have on the whole enjoyed cheap borrowing and straightforward applications.
It is expected that mortgages will be harder to obtain for landlords going forward. The government is in effect trying to impose a clampdown on the buy-to-let industry. In response to this, The Times has been reporting that a reaction is expected from lenders.
One example is Barclays, who now insist on more stringent guarantees on rental income. As such, they now require 135%, not 125% of rent as a proportion of the mortgage repayment. i.e. if the mortgage repayment is £500 per month, they require the rent to be at least £675, instead of £625 per month.