Rising inflation and interest rates, along with increasing cost of living, has raised concerns amongst consumers around how they might cover their mortgage payments.
Lenders have been updating their rates, changing their criteria and affordability calculators as a result of the ongoing economic environment, which brokers have said could limit the amount certain borrowers could access.
The news that the Bank of England is consulting on the removal or revision of its stress test may provide a solution, but that is yet to be decided on, leaving borrowers to face tightened policies and squeezed incomes for the moment.
Mortgage Solutions wants to know if your customer’s affordability has been impacted by these changes.
Are you already seeing customers struggle with affordability?
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
