What changes should property investors expect from mortgage lenders regarding affordability assessments due to FCA plans?
Quick Answer
Expect tougher affordability checks from lenders due to FCA plans, focusing on rental income, costs, and landlord resilience, potentially impacting borrowing capacity and stress tests.
About This Topic
Understand how FCA plans will impact mortgage affordability for UK property investors, leading to stricter rental income stress tests and deeper cost scrutiny.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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