Government to introduce 95% LTV mortgage scheme without stress tests


Boris Johnson is looking to launch a 95% mortgage scheme where normal stress test rules don’t apply. Reportedly the scheme would introduce “a form of state guarantee” to lenders to lower the risk of the loans. The Prime Minister spoke to The Telegraph before the Conservative party’s virtual conference this weekend. Johnson said: “I think […]

The post Government to introduce 95% LTV mortgage scheme without stress tests appeared first on PropertyWire.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *