Tag Result: affordability assessments
Mortgage lenders with short-term affordability view are warned PRA is watching
Lenders too focussed on affordability in the first five years of the mortgage with loan te...
Buy-to-let ICR and affordability checks denting broker business
Mortgage Solutions has polled brokers on how Interest Coverage Ratios (ICR) and affordabil...
FPC closes net on mortgage lenders bending stress test rules
The Bank of England has closed its net on mortgage lenders trying to bend the rules laid o...
Affordability tool promises brokers wider view of client finances
Money Dashboard's affordability calculator is one of two digital mortgage-related projects...
Poll: Are ICRs and affordability checks sending your buy-to-let business down the drain?
At a recent debate hosted by Mortgage Solutions, London brokers specialising in buy to let...
Accord raises LTI and boosts landlord offer
Accord Mortgages is to increase its loan to income (LTI) cap to five times income.
Equifax launches tools to assess bank accounts and disposable income
Equifax has launched a set of tools to help lenders gain a better understanding of a custo...
BSA rejects possibility of restricting pension freedom access to older borrowers
Lenders should treat older borrowers in the same way as younger people when underwriting m...
FPC affordability test risks ‘adverse effect’ on housing market, says CML president
The Council for Mortgage Lenders (CML) is urging the Bank of England (BoE) to reconsider i...
A nation of FTBs in need of flexibility
I have plenty of sympathy with Jamie Pogson from Plymouth.