PRA Warns Against 35-Year Mortgages
The Prudential Regulation Authority (PRA) has spoken out against increased length mortgages which could see more borrowers continuing to pay back loans after retirement. The…
PRA
Lenders Tighten Up on Consumer Credit
UK lenders are planning to rein back on consumer lending over the next three months amid fears of an economic downturn following the consumer credit…
Banks to Face New Stress Tests and Consumer Credit Review
The Bank of England announced this week that they are preparing to put the UK’s seven largest banks through an additional examination alongside its regular…