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

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

Take a 'Virtual Tour' 4-Bed Bungalow with En Suite in the Well Served Village of East Harling

Discover this superb modernised detached four-bedroom family home on Springfields, Attleborough, ideal for the centre of town. Boasting two reception rooms, two shower rooms, and a refitted kitchen, this home also includes a utility room, as well as a study/home office, and has a good size rear garden.

CLICK HERE >

Spring Has Arrived and So Have the Buyers

After a subdued end to 2025, the first quarter of 2026 has quietly rebuilt confidence in the housing market. March may be the strategic launch point sellers have been waiting for.

CLICK HERE >

Outgrown and Overdue? Why 2026 Could Be Your Upsizing Year

More households are reassessing space in early 2026. If your home feels tighter than it once did, this spring may offer the right conditions to move up.

CLICK HERE >

The March figure for £ per sqft in Attleborough

Welcome back to our weekly look at the Attleborough property market, where we track the trends shaping local homes. This month’s £ per square foot figure offers another snapshot of activity, revealing how the mix of properties for sale continues to influence the market’s rhythm. Please 'click the link' to read the article to learn more...

CLICK HERE >