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 products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

Superbly Presented 4-Bed Detached Family House with Spacious Kitchen/Dining Room & Private Garden

Positioned on Blackthorn Road in Attleborough, this superbly presented 4-bedroom detached family home offers versatile living in a modern L-shape design. Stylish, spacious, and filled with natural light, it enjoys a private garden with seating area, garage, and ample parking, making it the perfect blend of comfort and convenience.

CLICK HERE >

What Every First-Time Buyer Should Know

Buying your first home is an exciting milestone, but it can also feel overwhelming. With so much to consider—budgets, mortgages, legal paperwork, and finding the right property—it’s easy to feel lost in the process. This guide outlines the key things every first-time buyer should know before taking that first step onto the property ladder.

CLICK HERE >

'Video Watch' - Impressive 5-Bed Detached Chalet Offering Style, Comfort and Modern Family Living.

This exceptional 5-bedroom detached chalet is set in a prime non-estate village location, offering elegant interiors, versatile living space, and a private garden perfect for entertaining. Immaculately presented and move-in ready, it combines style, comfort, and convenience with excellent local amenities nearby – Truly a must view.

CLICK HERE >

Percentage of Households with 4 or more people in them

How many people live in the average Attleborough home? It’s more than just a number—it reflects how families live today. With 20.3% of East Anglia households hosting four or more people, the need for spacious, flexible homes is clear—and it's shaping local housing demand in real, meaningful ways.

CLICK HERE >