Are other lenders likely to follow HSBC in reducing buy-to-let stress test criteria, creating more favourable lending conditions for landlords?
Quick Answer
It is unlikely that most other lenders will broadly follow HSBC's recent reduction in BTL stress test criteria. The Bank of England base rate at 4.75% and typical BTL mortgage rates between 5.0-6.5% mean lenders remain conservative with their affordability assessments.
About This Topic
Are BTL stress tests easing? Unlikely despite HSBC's move. Current 4.75% BoE rate and 5.0-6.5% mortgage rates suggest continued caution from lenders. Learn the impact.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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