Banks to use rent receivers to collect buy-to-let mortgages

It is reported that AIB and EBS are to use rent receivers to collect money owed to them by landlords on buy-to-let mortgages.

Banks to use rent receivers to collect buy-to-let mortgages
Mon, 30 Jul, 2012 - 09:42

It is reported that AIB and EBS are to use rent receivers to collect money owed to them by landlords on buy-to-let mortgages.

The rent receiver will ask tenants in the houses to pay the bank directly, rather than the landlord.

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