It’s a Mortgage Works (Nationwide) buy-to-let mortgage, and - according to this - part of a swift response by lenders to new pension rules, in which pensioners will have quicker, easier access to their retirement savings. Good for the bubble? Not likely. Good for pensioners? Debatable. Property prices are expenses, Stamp Duty and CGT are considerable and being a landlord is surprisingly hard work. Good for tenants? See previous answers.
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