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Evening Standard
Evening Standard
Business
Jonathan Prynn

Halifax eases mortgage "stress tests" so home buyers can borrow up to 13% more

Halifax has relaxed its mortgage stress tests (Jonathan Brady/PA) - (PA Archive)

Britain’s biggest mortgage lender has relaxed its lending “stress test” limits to make it easier for borrowers to raise more to buy their dream home.

Halifax said that from this week it is “making changes to our mortgage affordability calculations meaning many customers will be able to borrow more. Typical customers may see an increase of around 13% in the maximum loan available. “

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