Tag: Affordability Tests for Remortgaging

How to Pass the Affordability Tests for Remortgaging with Flying Colours

If you’re getting ready to remortgage, you’ll know you’ll soon have lender affordability tests to pass. This is the case whether you are remortgaging with your existing lender or switching to a new one. The UK’s mortgage market review regulator introduced new rules on affordability for homebuyers and re-mortgagors in April 2014. Ever since then,… Read more »