Landlords in turmoil after Bank of England mortgage affordability test bombshell

Landlords in turmoil after Bank of England mortgage affordability test bombshell

The buy-to-let time bomb is ticking. Recent recommendations by the Bank of England suggest dropping the affordability test for mortgage lenders, spelling the end of the buy to let market as we know it, according to Sterling Capital Group Ltd.

Historically, borrowers have been subject to two test recommendations: the ‘flow limit’ which limits the number of mortgages that can be extended at loan, and the ‘affordability test’ which specifies the stress interest rate for lenders. The tests were originally put in place after the 2008 financial crash as insurance against further economic downturn. To continue reading, please click here.
Source: Property Reporter


Get in touch with us

Did you know there are homes in the UK actually named “Halloween”? From Norwich to the Cotswolds, each carries its own spooky charm. A home’s name can spark emotion before anyone steps inside—proof that properties sell not just on bricks and mortar, but on the stories they tell.

Thinking of selling your home or simply curious about what’s really happening in Attleborough’s property market? Behind every monthly figure lies a story about where values are heading and what it means for you as a homeowner or landlord. Understanding the trend could shape your next move—and help you stay ahead.

Step inside this beautifully redesigned 4-bedroom family home, offering contemporary living with premium finishes. Features include a spacious, light-filled lounge, open-plan kitchen/dining/snug with wood-burning stove, triple bi-folds to a south-facing garden, 24ft garden studio, luxury bathroom, double garage, ample driveway, and EV charging.

Over the past half century, the British housing market has transformed beyond recognition. 🏡 House prices have risen dramatically, far outpacing inflation and wages. For some, the gains have been life-changing — for others, the climb onto the property ladder feels steeper than ever. Share your 1970s Attleborough stories below! 💬