Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Rupert Jones

How looser affordability rules may widen home ownership in the UK

Traditional Cotswold cottages in England, UK.
House prices have continued to rise. Photograph: Antonel/Getty Images/iStockphoto

During the coming weeks and months, many more people may be able to buy a property they would previously assumed was out of their price range.

One of Britain’s biggest mortgage lenders, Santander, has loosened its affordability rules to enable customers to borrow more, with other banks and building societies almost certain to follow suit.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.