Bank of England may raise high-risk mortgage threshold, FT says

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-31
Category: finance
Source: The Edge Malaysia

The Bank of England's Financial Policy Committee (FPC) is reportedly considering easing restrictions on higher-risk mortgage loans. This potential change would involve increasing a key lending threshold to five times borrowers' household income, up from the current 4.5 times. The move, if implemented, could provide support to the UK housing market, which is currently facing pressure from rising mortgage costs.

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