Chess Mortgages' Founder Bob Singh stated: "In a brave move, Santander has loosened affordability criteria in line with the FCA's wishes. Buyers previously struggling to achieve a certain borrowing ...

the Bank of England may be tempted to cut the base rate again in coming months, and the prospect of cheaper borrowing should keep nudging property prices upwards.' Mortgage rates have risen ...

Santander is set to be the first bank to ease its loan affordability criteria, potentially allowing customers to borrow up to £35,000 more depending on their income ...

Santander has loosened affordability criteria in line with the wishes of the Financial Conduct Authority, with brokers ...

Among its new deals, NatWest is offering a fee-free purchase rate at 4.8% for borrowers with a 10% cash deposit (90% loan to ...

Net mortgage borrowing jumped by £900 million in January 2025, to £4.2 billion, according to the Bank of England Money and Credit report, published on Monday (3 March).

The move follows the government asking regulators to create an environment that fosters growth and guidance from the FCA to ...

The Bank of England's base rate is what it charges other lenders to borrow money. This influences what lenders then charge their customers for loans such as mortgages, as well as the interest rate ...

Living standards for the poorest third are predicted to fall twice that of middle and high earners, according to the ...

The analysis published in The Annals Of The Royal College of Surgeons of England journal found ... up to £35,000 more on a mortgage, according to reports. The bank has relaxed affordability ...