Tag Result: Financial Policy committee (FPC)
More than a third of mortgagors still paying sub-3% rates – BoE
More than a third – 35% – of all mortgage accounts are still paying interest rates of ...
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...
Affordability test withdrawal increased access to mortgage market, says FPC
The withdrawal of the affordability test recommendation (ATR) has resulted in a small incr...
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...
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...
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...
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...
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...
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...
FPC to withdraw mortgage affordability stress test from August
The Financial Policy Committee (FPC) has confirmed that the affordability stress test for ...