The regulators are introducing tougher tests for home buyers based on affordability to prevent mistakes leading to the financial crisis.
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Category Archives: Mortgage Affordability
Data from the Bank of England shows the number of people taking out mortgages in February has fallen for the first time in the last year.
Rightmove, stated that record numbers of houses are being put on the market for sale with near-frenzied buying sending asking prices to record levels.