News
Nottingham Building Society cuts rates and eases stress tests
The mutual said the changes apply across its Core Residential, Foreign National, Retirement Interest-Only and existing customer mortgage ranges.
Stress tests
Building Societies
Market Harborough Building Society relaxes residential stress testing
The change means a lower stress rate for many scenarios, making it easier for more people to access the society’s specialist lending.
Building Societies
Tipton & Coseley Building Society updates standard LTI ratio for mortgages
The change applies to the whole mortgage range, including products up to 95% LTV, and there is no minimum income requirement.
Building Societies
Coventry BS updates stress testing, allowing buyers to borrow £35k more
The update lowers stress rates for residential lending, which means customers can now get 8-15% more on their maximum loan amount.
Buy-to-let Mortgages
Stress test rule changes drive surge in BTL market – Alexander Hall
The number of BTL mortgage products between January and June 2025 rose to 2,752, up 41.9% on the same period last year.
Building Societies
Leeds Building Society reduces stress testing rates by up to 1.24%
The update means typical borrowers could get up to £34,000 more for a mortgage.
Buy-to-let Mortgages
The Mortgage Works cuts stress rates to boost affordability for landlords
The Mortgage Works has reduced its stress test rate on certain buy-to-let applications, allowing landlords to potentially borrow more on 5-year fixes and like-for-like remortgages.
Featured
Investec cuts stress rates, enabling HNW clients to borrow up to 30% more
Investec has reduced residential mortgage stress rates by up to 2.10%, increasing borrowing potential for high-net-worth clients by as much as 30%.
Residential Mortgages
Nationwide cuts stress rates to boost average borrowing capacity by £28,000
Nationwide has reduced its stress testing rates by up to 1.25%, increasing average borrowing capacity by £28,000 and supporting wider access to homeownership.
Buy-to-let Mortgages
Accord Mortgages reduces stress rates for buy-to-let landlords in affordability boost
Accord Mortgages has lowered its buy-to-let stress rates to support landlords facing affordability challenges.
Featured
Gen H boosts affordability by up to 25% for 5-year products
As of today, Gen H has begun to differentiate between its 2- and 3-year and its 5-year products in its stress testing.
Buy-to-let Mortgages
YBS Commercial improves affordability to support landlords
Following broker feedback, the commercial lender has reduced the stress rate applied to buy-to-let affordability calculations on its commercial buy-to-let products.