Search Results for: mortgage lending rules
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Regulation & Law
Mortgage lending rules to be relaxed as Labour targets growth
Announcement by FCA follows official request for regulators to focus on growth – and the watchdog says it is now keen to relax lending criteria regulations.
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Latest property news
Bank of England’s looser mortgage lending rules ‘not reckless… but baffling’
Mortgage experts cautiously welcome announcement but warn that many still remember how 2008 global crash was caused by 'free for all' rules.
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Housing Market
FCA: ‘We’ll help property market with more relaxed mortgage rules’
The Financial Conduct Authority plans to make mortgage lending simpler and more flexible in a raft of changes to be introduced next year.
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Housing Market
HSBC research puts Chancellors’ FTB mortgage plan in jeapardy
The lender says many young wannabe home owners are afraid of, or flummoxed by, their credit scores, a system which Rachel Reeves wants to use to supercharge the housing market.
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Housing Market
Mortgage approvals dip as Budget concerns bite
The latest Bank of England data shows there was a fall in mortgages approved last month after a jump in July.
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Housing Market
Mortgage figures hold up despite property tax ‘bombshell’
New figures from the Bank of England show mortgage approvals were up 800 in July, with a drop in remortgages.
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Housing Market
Couples given £130,000 boost under new mortgage rules
Santander's decision to relax its home loan criteria benefits both couples and single borrowers, who can now secure much larger mortgages.
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Housing Market
Second lender accepts rental payment history for mortgages
Charlotte Grimshaw of Suffolk Building Society says bank account statements proving 12 months' of rental payments can now be used to access higher mortgage income multiples.
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Regulation & Law
BROKER: Buyers get big affordability boost thanks to new lending rules
The average house hunter in England is set to have £41,000 more buying power thanks to recent Government mortgage reforms.
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Housing Market
They’re back! Big mortgage lender reveals record-breaking FTB numbers
Leeds Building Society has helped 9,600 first-time buyers get onto the property ladder in just the first six months of this year.
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