The Bank of England will axe mortgage affordability guidelines designed to prevent people from financially overstretching. Following its latest review of the mortgage market, the central bank’s Financial Policy Committee has confirmed…
Tag: affordability
Mortgage affordability test to be axed by the Bank of England
The Bank of England will axe mortgage affordability guidelines designed to prevent people from financially overstretching. Following its latest review of the mortgage market, the central bank’s Financial Policy Committee has confirmed…