Private banks are imposing tougher rules on mortgage lending, making it trickier for wealthier borrowers to get funding. Regulatory requirements, introduced via the Mortgage Market Review last year, are forcing banks to put the borrower’s affordability under much greater scrutiny. […]
Anderson Harris director Jonathan Harris was delighted to be asked onto the FT Money Show this week to talk about the slowdown in the mortgage market and how wealthy borrowers are also finding it tougher. Jonathan discussed the rigid interpretation […]
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