Topic: Affordability
Redwood Bank
Redwood Bank boosts buy-to-let LTVs by up to 21% in affordability changes
Nationwide
Nationwide increases remortgage borrowing by up to £33,000
Santander
Santander to lend up to 24% more with enhanced LTIs
Market Harborough
Market Harborough enhances residential criteria with increased income multiples
Nottingham BS
The Nottingham enhances LTIs and adds cashback options
Leeds BS
Leeds BS enhances mortgage affordability by up to £34,000
Family BS
Family BS announces affordability and criteria enhancements alongside rate reductions
Mortgages
40-year mortgage terms saving buyers £255 a month: Moneyfacts
Mortgages
Number of people taking out 35-year mortgages surges 251%
Market Harborough
Market Harborough relaxes residential stress testing
Mortgages
Vida cuts rates and enhances criteria across residential and buy-to-let
House Prices
Relaxed mortgage affordability to spark 24.5% rise in house prices by 2029: Savills
Gen H
Gen H enhances LTI limits
Tipton & Coseley
Tipton & Coseley updates standard LTI to 5x income
Mortgages
Borrowers choosing significantly larger mortgages as lenders loosen criteria
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FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
State Pension
Budget: Government signals income tax write off for state pensions exceeding personal allowance
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
State Pension
Budget: Government signals income tax write off for state pensions exceeding personal allowance
FCA
FCA announces new measures to support growth of mutuals sector
Nationwide
FCA fines Nationwide £44m for inadequate financial crime controls