From 21 March 2016 broking buy-to-let mortgages will no longer be a regulated activity. Intermediaries will therefore no longer need to hold a consumer credit permission to advise on unregulated buy-to-let mortgages. There will however still be instances where a consumer credit permission is needed, such as when dealing with refinancing of a buy-to-let agreement where the purpose is to raise funds for debt consolidation or commercial reasons.

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