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Shares in buy-to-let mortgage lenders fall after report Reeves plans rent freeze

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CitrixNews Staff
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Shares in buy-to-let mortgage lenders fall after report Reeves plans rent freeze

FTSE 250 firms Paragon and OSB Group, owner of Kent Reliance and Precise Mortgages, slide on London Stock Exchange

Shares in some of the UK’s biggest buy-to-let lenders such as Paragon and One Savings Bank have fallen after it emerged that the chancellor may make private landlords commit to a one-year rent freeze.

In an effort to protect households from rising living costs as a result of the Iran war, Rachel Reeves is considering whether to ban landlords in England from increasing rents for a limited period of time, the Guardian revealed on Monday night.

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Originally reported by The Guardian