Santander eases mortgage rules so it can lend up to £35,000 more
Bank cuts its stress testing rate for home buyers after FCA urged lenders not to be ‘unduly restricting’Business live – latest updatesOne of the UK’s largest mortgage lenders has relaxed its rules and will offer some borrowers up to £35,000 more to fund their home purchases.Santander said it had adjusted the way it calculated affordability, meaning many customers applying for a mortgage would be able to borrow between £10,000 and £35,000 more from Friday. Continue reading...
admin
0
1
Bank cuts its stress testing rate for home buyers after FCA urged lenders not to be ‘unduly restricting’
One of the UK’s largest mortgage lenders has relaxed its rules and will offer some borrowers up to £35,000 more to fund their home purchases.
Santander said it had adjusted the way it calculated affordability, meaning many customers applying for a mortgage would be able to borrow between £10,000 and £35,000 more from Friday. Continue reading...
