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Will removing the affordability stress test help me?

I have been getting a few questions all with the same theme around the removal of the affordability stress test. Understandably many are still confused as to what it actually means for them when it comes to applying for a mortgage and what the impact or indeed benefits are.

Mortgage Stress rates after Interest rate increase

In February 2022 the Bank of England increased interest rates for the 2nd time this year. What few are talking about is the impact on the mortgage stress rates banks need to apply.

Stress test means I can’t get a mortgage

Many consumers are still struggling with the concept of the mortgage stress test to meet the affordability of a new mortgage. Whilst it can be frustrating, I do have a guide that can take the pain out it.