Mortgage affordability test scrapped by Bank of England

Business LIFESTYLE


“The change in the affordability rules may not be as significant as it sounds as the loan-to-income ‘flow limit’ will not be withdrawn, which has much greater impact on people’s ability to borrow,” said Gemma Harle, managing director at Quilter Financial Planning.

https://www.bbc.co.uk/news/business-62353114?at_medium=RSS&at_campaign=KARANGA,

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