What swap rates are doing to fixed-rate pricing this week, which lenders quietly changed income multiples, affordability stress tests, or their view on bonuses and self-employed income, and what that means in pounds for a typical borrower. Updated as I see it, not as it is announced.
What this section covers
- What swap rates did this week and what fixed rates will do by Friday
- Lenders that quietly changed income multiples or stress tests
- How bonuses, self-employed income and benefits are treated
- Product transfer versus remortgage, worked in pounds
- Criteria changes I saw before they were announced
New articles are published under Rate Watch, Lender Criteria, First-Time Buyers.