Tag Result: high income multiples
BSA urges Bank to take ‘great care’ over use of LTV caps
The Building Societies Association (BSA) wants the Bank of England to take ‘great care' ...
Amended LTI cap will create unfair advantage for smaller banks
The amendment made to the loan-to-income (LTI) rules, published today, has been criticised...
Wealthy mortgage borrowers need LTI cap swerve – BBA
The British Bankers' Association (BBA)wants High Net Worth (HNW) clients to be excluded fr...
Increase LTI cap or first-time buyers will suffer – BSA
First-time buyers will suffer if smaller lenders are not given greater freedom to lend abo...
BSA wants PRA to add ‘sunset clause’ to LTI cap
The Building Societies Association (BSA) wants a ‘sunset clause' to be added to the loan...
FCA warns second charge lenders in income cap proposals
The Financial Conduct Authority has issued a warning to second charge lenders about ignori...
Lenders expect slowdown due to income multiple tightening
Mortgage lenders predict approvals will be held back in quarter three by a tightening of c...
Household incomes down 1.6%
The average household has seen its real term income fall by £360 a year, the first drop s...
Repossessions at a two year low
The number of people losing their homes or falling behind on repayments is edging down, wi...