Mortgage lenders will be given greater flexibility to offer high loan-to-income (LTI) homeloans under new rules from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA). The regulators will remove the individual 15% cap on high LTI lending while retaining an overall market limit…
The post PRA and FCA to relax high-LTI lending rules this month appeared first on Mortgage Strategy.
PRA and FCA to relax high-LTI lending rules this month