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Higher mortgage rates to hit five million households by 2026 – FPC

The impact of higher mortgage rates is yet to hit households and will be felt by five mill...

  • Dec 07, 2023
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Affordability test withdrawal increased access to mortgage market, says FPC

The withdrawal of the affordability test recommendation (ATR) has resulted in a small incr...

  • Dec 06, 2023
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Monthly mortgage payments could rise by £220 when deals end this year – BoE

The average homeowner should expect to see their monthly mortgage payments increase by aro...

  • Jul 12, 2023
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UK banks are ‘resilient’ to higher rates and can support households – FPC

UK banks are able to withstand a higher rate environment and any economic shocks amid bank...

  • Mar 29, 2023
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Around four million mortgages to face projected rate rises next year – FPC

Some four million owner-occupier mortgagors will be exposed to rate rises next year, incre...

  • Dec 13, 2022
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YBS reduces rates to below five per cent; Saffron BS cuts stress rate – round-up

Yorkshire Building Society has made rate cuts to its mortgage range, putting fixed pricing...

  • Nov 21, 2022
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UK banks still have capacity to lend even if economy worsens, says FPC

The UK banking sector is resilient and positioned to continue lending to households and bu...

  • Oct 12, 2022
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TSB to raise resi affordability stress rate to eight per cent

TSB will increase its residential affordability stress test to eight per cent, citing expe...

  • Oct 04, 2022
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FPC to withdraw mortgage affordability stress test from August

The Financial Policy Committee (FPC) has confirmed that the affordability stress test for ...

  • Jun 20, 2022
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Trade bodies welcome BoE’s affordability test consultation

The mortgage industry has welcomed the Bank of England’s (BoE) announcement that it will...

  • Dec 14, 2021
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