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Bank of England considers reducing mortgage stress rates

Following the financial crisis, stricter affordability requirements for mortgages were introduced. The changes introduced in 2014 made it significantly more difficult for borrowers to obtain a mortgage, those that could often weren't able to buy a house in the price range they wanted. The BoE is now considering changes.

What is a foreign Currency Loan - FCL?

What is a foreign currency loan? The Mortgage Conduct of Business defines what this is in relation to mortgages. Let's take a look at what that may mean for you in relation to a mortgage.

Chancel Repair Liability

How would you know if a property you were purchasing came with a responsibility to repair your local church? The answer is that you should know otherwise it could cost you a lot more than you bargained for.