Property research desk

Market notes, data checks & field commentary

Some notes on housing-market research, methodology updates, and source notes, built to show how the signals are interpreted and where the numbers come from. Best case, you find it interesting, worst, you killed some time whilst the kettle boils.

Financial Ombudsman's view on setting upper age limits on lending

Regulation

July 25, 2023

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Financial Ombudsman's view on setting upper age limits on lending

I have written previously around the maximum age it is possible to have a mortgage. some lenders are more flexible than others but the Financial Ombudsman Service has published more information that is telling lenders to be flexible.

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What happened to the mortgage affordability stress test?

Views

May 16, 2023

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What happened to the mortgage affordability stress test?

The Financial Policy Committee, part of the Bank of England held a consultation with a view to removing the requirement to stress mortgage rates to ensure robust affordability testing. They determined it was no longer needed. So why are lenders still using it?

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What's the highest age you can have a mortgage?

Views

April 3, 2023

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What's the highest age you can have a mortgage?

How old is too old? That is a question I get quite often in relation to mortgage lending. More and more want to borrow later in life, the issue is whether lenders are willing to allow some to borrow due to their age. So where is the line drawn?

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General

February 27, 2023

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Property related Podcasts

It's not always about reading articles on blogs, there are plenty of property and mortgage-related podcasts out there which are great to listen to as you walk or when having some quiet time. Here are a few I listen to that are great.

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Questions

February 15, 2023

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Is Critical Illness insurance worth it?

Is Critical Illness worth it? That is a question I have received. Not such an easy question to answer as it really depends on the individual and their needs.

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