Limits on high loan-to-income (LTI) mortgage lending could be relaxed under new plans proposed by the FCA and PRA. Currently lenders that want more than 15% of their residential mortgage book to exceed an LTI of 4.5x must apply to the regulator first. This has…
The post FCA and PRA consider relaxing high-LTI lending rules appeared first on Mortgage Strategy.
FCA and PRA consider relaxing high-LTI lending rules