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Bank of England to Tighten Up ‘Buy-to-Let’ Lending Rules

Buyers who intend to rent out their property may face more stringent income checks

LONDON—The Bank of England took a fresh step on Tuesday to reduce risky real-estate lending in the U.K., saying buyers looking to profit from the nation’s booming rental market should face more stringent checks before they’re given a loan.

The move against such “buy-to-let” lending,” which follows a clampdown on some riskier types of residential real-estate lending in 2014, highlights how central banks are increasingly using...

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